Informative

Urban Company posts first full-year profit, revenue jumps 38% ahead of IPO

Update / Judgement Date

18 Jun 2025

Source

YourStory

Author

Team — WCP Legal Desk

Reading Time

1 min read

BankingCorporate Compliance

Jio Financial Services acquired full ownership of Jio Payments Bank by purchasing the remaining 30% stake from partner SBI. The consolidation strengthens JFS's financial services ecosystem ahead of its broader banking ambitions under RBI's new umbrella entity framework.

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Urban Company posts first full-year profit, revenue jumps 38% ahead of IPO

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