Urban Company Slips Into Red In Q2 On Higher Spending
Urban Company posts Rs 59.3 Cr loss in Q2 FY26 as heavy investments in Insta Help weigh on profits despite 37% rise in revenue.
Urban Company posts Rs 59.3 Cr loss in Q2 FY26 as heavy investments in Insta Help weigh on profits despite 37% rise in revenue.
The company is planning to invest meaningfully over the next two to three years to develop a strong network of service professionals in its core markets
Accel India holds 14.56 crore shares in the tech-enabled home services marketplace, translating into a 9.9 per cent stake on a fully-diluted basis, reports note
The company’s revenue from operations rose to Rs 1,144.4 crore in the recently concluded fiscal year from Rs 828 crore in FY24
The IPO will comprise a fresh issue of shares worth Rs 429 crore and an offer for sale (OFS) of shares totalling Rs 1,471 crore
Having been rolled out in Mumbai, the househelp service which starts at Rs 49 per hour is currently in the pilot phase, as per the reports
Home services unicorn Urban Company on Thursday disclosed the average monthly earnings of its partners for the second half of the calendar year 2023 which showcased that 20 per cent of its top service partners gained Rs 42,792 in H2 CY 2023, an amount surpassing entry-level IT jobs’ earnings in India by approximately 50 per […]
Beauty and home services platform Urban Company on Sunday revealed a partnership with quick-commerce app Blinkit to deliver its newly launched water purifiers, Native M1 and M2, to customers. Urban Company stated that its water purifiers would be delivered within 30 minutes via Blinkit and installed within three hours thereafter. Blinkit initiated deliveries on Sunday […]