Urban Company (formerly UrbanClap) is India’s largest home services marketplace, connecting customers with verified professionals for beauty, cleaning, plumbing, appliance repair, and more. Co-founded in May 2014 by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan, the company rebranded from UrbanClap to Urban Company in November 2020 to reflect its global ambitions. CEO Abhiraj Bhal has guided the platform from a scrappy startup to a publicly listed company on the NSE and BSE, following a blockbuster IPO in September 2025 that was oversubscribed 103 times. Urban Company now operates in 50+ cities across India, the UAE, Singapore, Saudi Arabia, and the United States.

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Urban Company Competitors

Urban Company operates in the highly competitive on-demand home services industry. The key competitors of Urban Company include:

• Housejoy – Indian on-demand home services platform for plumbing, cleaning, beauty, and repairs
• TaskRabbit (IKEA) – US-based marketplace for freelance labor and handyman services
• Handy (Angi Inc.) – home cleaning and handyman services platform in the US and UK
• NoBroker – Indian proptech platform expanding into home services, cleaning, and maintenance
• Thumbtack – US-based local services marketplace connecting homeowners with professionals
• HomeAdvisor / Angi – American home services marketplace owned by Angi Inc.
• HiCare – Indian pest control and home hygiene services provider

Abhiraj Bhal – Quick Facts

Abhiraj Bhal Net Worth 2026 – Urban Company CEO Salary

As of February 2026, Abhiraj Bhal net worth is estimated at approximately INR 1,150 crore (~$136 million USD). This estimate is based on his ~6.67% shareholding in Urban Company Ltd, which has a current market capitalization of approximately INR 17,293 crore. Prior to the IPO, Bhal and his co-founders offloaded shares worth INR 259 crore each in secondary transactions between September 2024 and March 2025, which partially reduced their stakes but also generated significant personal liquidity.

In terms of salary, Abhiraj Bhal draws a relatively modest remuneration of INR 1.45 crore (~$172,000 USD) per year as disclosed in Urban Company’s FY25 filings. This is notably lower than many of his tech CEO peers in India, reflecting a founder-centric approach where the bulk of his wealth is tied to equity rather than cash compensation.

Urban Company CEO Compensation Breakdown (FY25)

Urban Company Net Worth 2026 – Is Urban Company Profitable?

Yes, Urban Company turned profitable in FY25 for the first time. The company reported a consolidated net profit of INR 240 crore in FY25, a dramatic reversal from a loss of INR 92.7 crore in FY24. However, this figure includes a INR 211 crore deferred tax credit; adjusted profit before tax was INR 28.5 crore. Revenue surged 38% year-over-year to INR 1,144 crore. Urban Company successfully listed on the NSE and BSE on September 17, 2025 via a INR 1,900 crore IPO.

Urban Company Financial Summary (FY25)

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Urban Company CEO Email Address | Abhiraj Bhal Contact

Below are the official contact details and social media profiles for Urban Company CEO Abhiraj Singh Bhal:

Career & Education – Company, University, & College

Abhiraj Singh Bhal’s career journey reflects a blend of elite academic credentials and entrepreneurial ambition. After completing his engineering degree at IIT Kanpur and his MBA at IIM Ahmedabad, Bhal joined The Boston Consulting Group (BCG) in Mumbai as a management consultant. At BCG, he worked with Fortune 500 companies across India, Southeast Asia, and Germany from May 2011 to April 2014.

In May 2014, Bhal co-founded UrbanClap (now Urban Company) alongside IIT Kanpur batchmates Raghav Chandra and Varun Khaitan. Before settling on the home services marketplace concept, Bhal and Khaitan had experimented with Cinemabox, a movie streaming app for planes, trains, and buses, investing nearly INR 10–12 lakh before realizing the market was too small. They pivoted to UrbanClap, which has since grown into India’s dominant home services platform. In November 2020, the company rebranded to Urban Company as it expanded internationally. Bhal led the company through its successful IPO on September 17, 2025.

Abhiraj Bhal Career Timeline

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Education

Abhiraj Bhal comes from a family of IITians. His father, Commodore Ashok Bhal, is a retired Indian Navy electrical engineer and an IIT alumnus. His grandfather also attended IIT Roorkee, making Abhiraj a third-generation IITian.

Abhiraj Bhal Wiki – Age, Family, & More

Urban Company CEO Abhiraj Singh Bhal (age 39) was born on December 7, 1986. He is married to Urvi, and the couple is based in the Delhi-NCR region. In his free time, Abhiraj enjoys running marathons, scuba diving (he has dived in the Andaman Islands), and skydiving (he once went skydiving in Spain). He is also known for enjoying cooking and preparing his wife Urvi’s favorite recipes at home.

Notable Achievements & Recognitions

• IPO Leader – Led Urban Company’s successful IPO in September 2025, one of the most oversubscribed tech IPOs in India (103x)
• Forbes India 30 Under 30 – Featured as a young entrepreneur transforming India’s services industry
• Third-Generation IITian – Grandfather (IIT Roorkee), father (IIT), and Abhiraj (IIT Kanpur) represent three generations of IIT alumni
• BCG Alumnus – Worked with Fortune 500 companies across three continents before starting his own venture
• Global Expansion – Expanded Urban Company beyond India into the UAE, Singapore, Saudi Arabia, and the United States
• 40,000+ Professionals – Built a platform powering livelihoods for over 40,000 service professionals across multiple countries

Bhal is an advocate for improving the livelihoods of blue-collar service professionals. Urban Company offers health insurance, training, and financial products to its registered partners, and Bhal has publicly highlighted that gig workers on the platform earn an average of INR 26,271 per month.

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About Urban Company

Urban Company (formerly UrbanClap) is an Indian technology company that operates an on-demand marketplace for home services. Founded in May 2014 and headquartered in Gurugram, Haryana, the company connects customers with trained and verified service professionals across categories including beauty and wellness, home cleaning, plumbing, electrical work, appliance repair, painting, and pest control.

Urban Company operates in 50+ cities across India, as well as in the UAE, Singapore, Saudi Arabia, and select cities in the United States (New York, Dallas, Austin). The company has ~1,548 employees and approximately 40,000 registered service professionals. Urban Company trades on the National Stock Exchange under the ticker URBANCO (ISIN: INE0CAZ01013) and was listed on both NSE and BSE on September 17, 2025.

Frequently Asked Questions (FAQ)

Who is the CEO of Urban Company?

The CEO of Urban Company is Abhiraj Singh Bhal, who co-founded the company (originally named UrbanClap) in May 2014 along with Raghav Chandra and Varun Khaitan. Bhal serves as the Chairperson, Managing Director, and Chief Executive Officer of Urban Company Ltd.

What is Abhiraj Bhal’s net worth in 2026?

As of February 2026, Abhiraj Bhal’s net worth is estimated at approximately INR 1,150 crore (~$136 million USD), based on his ~6.67% shareholding in Urban Company Ltd. The company’s current market capitalization is approximately INR 17,293 crore.

What is Urban Company CEO’s salary?

Abhiraj Bhal’s total remuneration for FY25 was INR 1.45 crore (~$172,000 USD). This is relatively modest compared to other listed tech company CEOs in India, as the majority of Bhal’s wealth is derived from his equity stake in Urban Company.

What is Urban Company CEO’s email address?

Urban Company CEO Abhiraj Bhal’s email address is [email protected]. He is also active on Twitter/X at @abhirajbhal and can be found on LinkedIn.

Is Urban Company profitable?

Yes, Urban Company turned profitable in FY25, reporting a net profit of INR 240 crore (including a INR 211 crore deferred tax credit). Adjusted profit before tax was INR 28.5 crore. Revenue grew 38% year-over-year to INR 1,144 crore, and the EBITDA margin improved to 5.7% in Q1 FY26.

Why did UrbanClap change its name to Urban Company?

UrbanClap rebranded to Urban Company in November 2020 to better reflect its expanded service portfolio and international ambitions. The original name “UrbanClap” was strongly associated with one-tap booking in Indian metros, but as the company grew to include multiple service categories and expanded to the UAE, Singapore, Saudi Arabia, and the US, a more professional and globally recognizable brand identity was needed.

Article last updated:January 2026March 2, 2026