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Urban Company
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- 16 OctUrban Company board approves plan to raise up to ₹2,500 crore
Gurugram-based Urban Company’s board has approved a proposal to raise up to ₹2,500 crore via equity or debt instruments, including the option of a QIP. The company said the fundraise is meant to give flexibility to invest across its India Core, International and Native businesses and to support InstaHelp amid competitive pressures.
Business · 2 sources
- 16 OctUrban Company Q2 loss widens to ~Rs 182 crore as revenue jumps 41%
Urban Company reported a net loss of around Rs 182–182.5 crore in Q2 FY27 while revenue rose about 41% year‑on‑year to roughly Rs 537 crore. The company said the wider loss was driven by a deliberate Rs 174 crore investment in its quick‑services vertical, InstaHelp, and its board approved a fundraise of up to Rs 2,500 crore.
Business · 2 sources
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