Deepinder Goyal, the creator and CEO of restaurant aggregator Zomato, has served on the board of directors of Urban Company as an independent director.
Former Mckinsey partner Ireena Vittal, Helion cofounder Ashish Gupta, and Shyamal Mukherjee, previous chairperson and senior partner of PriceWaterhouseCoopers (PwC) India, have all joined the Urban Company board as independent 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.
In an interview, Bhal stated that Urban Company intends to go public by the end of 2022 or the beginning of 2023.
Urban Company, founded in 2014 by Abhiraj Bhal, Raghav Chandra, and Khaitan, provides offerings in the home and beauty segments in India, Dubai, Australia, Singapore, and Saudi Arabia.
To date, Tiger Global, Vy Capital, Steadview Capital, and other investors have contributed about half a billion dollars to the company.
Three executive directors, three non-executive directors, and four independent directors will now serve on the board of Urban Company.
Vittal, an IIM Calcutta graduate who spent 16 years as a partner at Mckinsey & Co, is an independent board member of various firms, including Compass Plc, Diageo Plc, Godrej Consumer Products Limited, HDFC Limited, and Wipro Ltd.
Gupta is a cofounder of venture capital firm Helion and serves on the boards of InfoEdge, Hindustan Unilever, Pubmatic, Simplilearn, and Gupshup, among others. He was a cofounder of Tavant Technologies and Junglee, as well as a consultant for Oracle, IBM Research, and Woodside Fund. Daksh (IBM), Infoedge, MakeMyTrip, MuSigma, Upwork, Redbus, and Flipkart are among the companies in which he has invested.
Goyal, who founded Zomato, also serves on the boards of Unacademy and Magicpin. He launched the food delivery company in 2008 and took it public the following year.