Urban Company
Dashamlabs, Flowatt Battery Science, & RARA Barefoot Raise Early-Stage Funding
The below brands have announced their latest funding rounds.
Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr
The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate activities.
Urban Company IPO Subscribed 58x; Raises ₹1,900 Crore Amid Strong Investor Demand
The INR 1,900-crore issue drew bids for 6,22.05 crore shares against an offer of 10.67 crore shares, according to NSE data. The portion reserved for non-institutional investors was subscribed 65.43 times, while Qualified Institutional Buyers (QIBs) bid 62.99 times.
Urban Company Raises INR 853.87 Cr from Anchor Investors Ahead of IPO
The issue includes a fresh share sale of INR 429 crore and an offer for sale of INR 1,471 crore by existing shareholders.
Urban Company Files INR 1,900 Cr IPO
The issue will open on September 10 and close on September 12, with shares to be listed on both the BSE and NSE.
Accel Secures USD 650 Mn for Eighth India Fund
The fund garnered support from 131 undisclosed investors, matching the amount raised for its seventh India fund in 2022.
Titan Capital Winners Fund Closes at INR 333 Cr
The fund will focus on investing in follow-on rounds of breakout companies from its seed portfolio, using high-signal data to make strategic, informed investments.
Titan Capital Winners Fund Secures INR 200 Cr with Snapdeal Founders as Anchor Investors
The Fund will invest exclusively in follow-on rounds of breakout companies from its seed portfolio, utilising high-signal data to make informed investment decisions.
Dharana Capital Invests INR 400 Cr in Urban Company
Founder and Managing Partner of Dharana Capital, Vamsi Duvvuri, will join Urban Company's board as a Non-Executive Director.
Ola, Uber, Three Others Rated Zero On Fairwork's Gig Workers Condition Index
The annual report of Fairwork India reveals the hard-sad reality of gig economy of the country