CEO and founder of Zomato Deepinder Goyal joins Urban Company, has joined the board of directors of Urban Company as an independent director, along with three other industry veterans.
Ireena Vittal, a former partner at McKinsey & Co, Ashish Gupta, co-founder of Helion Ventures, and Shyamal Mukherjee, a former chairman and senior partner at PwC India, are the other three who have joined the board of directors.
“We are humbled to have esteemed industry leaders join our board as independent directors, as we step into our next phase of growth. They bring in a lot of experience and industry expertise that will guide us in our company building journey. We look forward to their mentorship in the years to come,” Abhiraj Singh Bhal, cofounder and CEO of Urban Company, said in a statement
Deepinder Goyal graduated from IIT Delhi in 2005 with a degree in Mathematics and Computing. He served as a management consultant at Bain & Company in New Delhi after graduating from IIT Delhi.
The board of directors of Urban Company will now consist of three executive directors, three non-executive directors, and four independent directors. The organization intends to create a board with at least 50% independent directors, according to a statement.
Ashish Gupta is a Helion co-founder and an independent board director for Infoedge (NAUKRI), Hindustan Unilever, Pubmatic, Simplilearn, and Gupshup. Shyamal Mukherjee is a former PwC India Chairman and Senior Partner. He is noted for cultivating a value-driven culture that fosters innovation and strong governance.
Ireena Vittal serves on the boards of Compass Plc, Diageo Plc, Godrej Consumer Products Limited, HDFC Limited, and Wipro Ltd. as an independent director. For 16 years, she worked as a Partner with McKinsey & Co.
Urban Company, founded in November 2014, is a tech-enabled home services platform. Through its mobile app and website, the firm provides services such as beauty and spa at home, cleaning, plumbing, carpentry, appliance repair, painting, and so on. It has approximately 40 locations throughout India, the United Arab Emirates, Singapore, Australia, and the Kingdom of Saudi Arabia.
It joined the unicorn club last year after raising $255 million in fundraising and announced plans for an IPO within the next 18-24 months. Because of the volatility in the financial markets, the IPO plans have been put on hold for the time being.
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