{
  "id": 14942617,
  "title": "Urban Company board approves plan to raise Rs 2,500 crore via QIP",
  "url": "https://urgent.news/2026/10/16/urban-company-board-approves-plan-to-raise-rs-2-500-crore-via-qip",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T10:51:08.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/startups/urban-company-board-approves-plan-to-raise-rs-2500-crore-via-qip/articleshow/134992126.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "In a letter to shareholders, the Gurugram-based company said it had Rs 1,901 crore in cash as of September 30, while its businesses excluding the InstaHelp segment generated Rs 119 crore in adjusted Ebitda over the past nine months.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Economic Times Tech",
        "title": "Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoY",
        "url": "https://urgent.news/2026/10/16/urban-company-q2-results-loss-widens-to-rs-182-crore-revenue-jumps-41",
        "published": "2026-10-16T11:09:43.000Z"
      },
      {
        "outlet": "Free Press Journal",
        "title": "Urban Company Q2 Revenue Jumps 41% To ₹537 Crore, Board Approves ₹2,500 Crore Fundraise",
        "url": "https://urgent.news/2026/10/16/urban-company-q2-revenue-jumps-41-to-537-crore-board-approves-2-500",
        "published": "2026-10-16T11:13:26.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Q2 Results Highlights: Urban Company’s loss widens; Bajaj Housing Finance PAT rises 18%; PNB, DLF, Oberoi, Crompton Greaves, Ujjivan SFB and Federal Bank post profit growth",
        "url": "https://urgent.news/2026/10/16/q2-results-highlights-urban-companys-loss-widens-bajaj-housing",
        "published": "2026-10-16T13:49:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}