How Urban Company beat the COVID blues

Making sure migrant-partners do not return to their hometowns and stressing the safety of its home grooming and repair services help the startup emerge stronger from the pandemic-induced lockdown.

27 November, 202011 min
0
How Urban Company beat the COVID blues

Why read this story?

Editor's note: It was panic that struck first. Urban Company saw fear taking over its business even before the nationwide lockdown to control the COVID-19 pandemic was announced back in March. With the country on edge, and migrants returning to their hometowns in droves, the home services startup’s network of service professionals was starting to get antsy.  This was deeply concerning as the company faced the prospect of losing the very people who catered to the orders placed on its website and app—plumbers, carpenters, electricians and beauticians. They were the backbone of its business.  The company had built this network over the six years of its existence, and it was all about to get wiped out. Business was already down to zero, and if the company lost its partners, it would have nothing to show for once things reopened after the lockdown ended.  Cut to November. It has been almost nine months since, and Mukund Kulashekaran today sounds as calm as the midnight sea—a sea that has put a massive storm behind it. And it really has. Of the handful of companies …

You may also like

Internet
Story image

FabHotels pivoted to corporate travel for survival. Can it grow?

The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.

Internet
Story image

Is CarTrade biting off more than it can chew with CarDekho?

The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.

Business
Story image

Infra.Market is a hamster wheel looking at a make-or-break IPO

The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.