Informative

Urban Company board approves Rs 528 Cr primary fundraise via IPO

Update / Judgement Date

10 Apr 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

SEBI & SCRAStart-Up & DPIIT

The board of Urban Company has approved a primary fundraise of ₹528 crore through an IPO (Initial Public Offering). This decision marks a significant step for the home services platform towards going public. The funds raised through the IPO will likely be used for business expansion, technology development, and strengthening its market leadership in the online home services sector. The IPO is subject to regulatory approvals and market conditions.

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Urban Company board approves Rs 528 Cr primary fundraise via IPO

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