UrbanClap clocks Rs. 45 crores revenue; Losses stand at Rs 50 crores

UrbanClap saw its operational revenues jump 309% to about Rs 45 crore in FY18 from about Rs 11 crore in FY17 (losses reduced by 25% to about Rs 50 crore in FY18 from Rs 66.7 crore last year).

UrbanClap bagged 4,50,000 orders with an average order value of Rs 1200-1500 in April alone, even as the gross transaction value of services sold stood at about Rs 50 crore for the last month.

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