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Informative

Urban Company Gets Board Nod To Raise INR 528 Cr Via IPO

Update / Judgement Date

10 Apr 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

SEBI & SCRAStart-Up & DPIIT

Urban Company has received board approval to raise INR 528 crore through an Initial Public Offering (IPO). This decision marks a significant step for the online home services aggregator towards going public. The funds raised are intended to fuel the company's growth initiatives, expand its service offerings, and further solidify its market position in the rapidly evolving gig economy. The IPO is contingent upon regulatory clearances and favorable market conditions.