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Urban Company FY20 revenue jumps 103% led by demand in beauty and wellness

Urban Company FY20 revenue jumps 103% led by demand in beauty and wellness

Submitted by • about 4 days ago bit.ly

Home services startup Urban Company, formerly UrbanClap, has reported a 103% year-on-year rise in revenue to ₹216 crore in 2019-2020 on account of demand in its beauty and wellness vertical.

The services startup had reported ₹106 crore of revenue and a loss of ₹67 crore in FY19. The company didn't disclose net profit/loss figures for FY20 in its financials on Tuesday.

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