Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Urban Company IPO: Accel to Gain 27x, Elevation to Pocket 19x Return
Investment firm Accel is set to realize a 27-times gain from Urban Company’s upcoming IPO, while Elevation Capital expects to earn a 19-times return, marking one of the most lucrative exits in recent Indian startup exits. Urban Company, a service marketplace platform, has shown rapid growth and adoption, attracting major institutional investors. The successful IPO solidifies investor confidence in gig economy startups and reflects evolving capital markets fostering scalable, tech-enabled service platforms. These returns highlight bullish investor sentiment and the maturity of India’s startup ecosystem.