This article covers an interview between CNBC-TV 18 and Mr. Abhiraj Bhal, the CEO & Co-Founder of Urban Company (formerly UrbanClap)

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Urban Company (formerly known as UrbanClap) is a market place for home services. Urban Company (erstwhile UrbanClap) was started by Abhiraj Bhal, Varun Khaitan & Raghav Chandra.

Companies & Individuals like Ratan Tata, Accel Partners Saif Partners, Bessemer Venture Partners, Tiger Global Ventures, VY capital are the existing investors of Urban Company (formerly UrbanClap).

Q. What warranted the name change UrbanClap has become quite familiar to people isn’t it in the last six years that you’ve been around

Abhiraj Singh Bhal, CEO & Co-founder Urban Company: How we started with the name UrbanClap is an interesting story because you know the three of us (Abhiraj Bhal, Varun Khaitan & Raghav Chandra) were thinking of building a services marketplace, yeah and we were struggling to come up with a name I had almost paid a lakh and a half for another domain name called ‘prowala’ which didn’t sound interesting as UrbanClap.

Abhiraj Bhal, CEO & Co-founder of Urban Company (Formerly UrbanClap)

Varun came in one morning it had been three weeks since we were looking for a name and he said you know what the domain name UrbanClap.com is available for 130 rupees I said you know 130 rupees one and a half lakhs that’s a good idea and a simple answer and then we said this is the name and how does it matter.

Domino’s has nothing to do with pizzas and Apple you know these are all companies will build great brands behind the actual product or service that they offer so you know this is about the quality of service we offer eventually people will like UrbanClap but as we went on and as we started to build and you know to take this company in global we realized a couple of things

Interviewer: ‘clap’ and what it means

Abhiraj Bhal UrbanClap CEO & Co-founder –Yes, ‘Clap’ and what it means in the Western context so we said look you know we would like to change that with people in Australia saying we don’t want to work for the ‘UrbanClap’.

The second thing we said is that look we’re no longer about just one service anymore so we thought about this more deeply and we said okay let’s have the Urban Company as the overall mother brand and over some time we can have sub-brands when the need arises