Online services marketplace UrbanClap has raised a further Rs. 165 crore ($25 million) in funding from Bessemer Venture Partners..This transaction is the third successful deal for UrbanClap in the span of a year. The previous two rounds of funding raised a capital of Rs. 10 crore and Rs. 63 crore respectively, primarily from SAIF Partners and Accel India, along with Snapdeal and OLX..Sahai & Co. advised UrbanClap on all three transactions, through Founding Partner Savyasachi Sahai..A team from Cyril Amarchand Mangaldas comprising Partner Akshay Bhatt, Senior Associate Suvojit Halder and Associate Avani Verma acted for Bessemer, SAIF Partners and Accel India.
Online services marketplace UrbanClap has raised a further Rs. 165 crore ($25 million) in funding from Bessemer Venture Partners..This transaction is the third successful deal for UrbanClap in the span of a year. The previous two rounds of funding raised a capital of Rs. 10 crore and Rs. 63 crore respectively, primarily from SAIF Partners and Accel India, along with Snapdeal and OLX..Sahai & Co. advised UrbanClap on all three transactions, through Founding Partner Savyasachi Sahai..A team from Cyril Amarchand Mangaldas comprising Partner Akshay Bhatt, Senior Associate Suvojit Halder and Associate Avani Verma acted for Bessemer, SAIF Partners and Accel India.
