UC Eyes More Capital, Burma Burma’s IPO & More
Inside UC’s ₹2,500 Cr Fundraise Plan A year after listing, Urban Company is back in the market for more funds.…
Urban Company, the Indian home services platform, is set to raise up to ₹2,500 Cr in a new fundraising round. The company, which lists on the stock market a year ago, aims to fund its profitability goals, explore new business ventures, and compete with rivals like Snabbit and Pronto in the home services market. Despite its net loss tripling YoY to ₹182.5 Cr in Q2 FY27, driven by losses from its InstaHelp service and ongoing investments, Urban Company believes the fresh capital will help it absorb operational burn without straining its cash flows.
Simultaneously, the company is venturing into the residential AC market under its Native brand, relying on its app for distribution and leveraging its consumer data to dominate the Indian market.
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