CosmicTaco

Urban Company's IPO Ambitions Amid Market Turbulence

CosmicTaco · 2025-04-13T12:12:40.991180+05:30

- Urban Company, along with several other Indian startups, is gearing up for an IPO despite global market volatility. - The IPO plans have been scaled down, with Urban Company looking to raise INR 528 Cr ($60 Mn) instead of the previously speculated INR 3,000 Cr ($300 Mn+). - Investors are cautious due to global trade uncertainties, impacting the size and valuation of upcoming IPOs like Urban Company and Ather Energy. - Urban Company's unique revenue model and reliance on gig workers present challenges in the public market, but diversification efforts like InstaHelp and D2C products may offer stability. - The IPO size reduction signals a shift in investor sentiment against high revenue multiples for loss-making startups, emphasizing long-term profitability. Source: [Inc42](https://inc42.com/features/urban-company-lines-up-for-ipo-race/)

Urban Company, along with several other Indian startups, is gearing up for an IPO despite global market volatility.
The IPO plans have been scaled down, with Urban Company looking to raise INR 528 Cr ($60 Mn) instead of the previously speculated INR 3,000 Cr ($300 Mn+).
Investors are cautious due to global trade uncertainties, impacting the size and valuation of upcoming IPOs like Urban Company and Ather Energy.
Urban Company's unique revenue model and reliance on gig workers present challenges in the public market, but diversification efforts like InstaHelp and D2C products may offer stability.
The IPO size reduction signals a shift in investor sentiment against high revenue multiples for loss-making startups, emphasizing long-term profitability.

Source: Inc42

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What’s up with UrbanCompany?

Wanted to check with folks working at UrbanCompany how the company is doing. Are they growing / doing well? It appears to be smooth sailing but I heard they postponed their IPO.

Also how’s culture there? Heard Abhiraj is a great CEO.

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Urban Company's IPO Ambitions Amid Market Turbulence

Talking product sense with Ridhi

You're early. There are no comments yet.

Urban Company Reports Significant Growth and Reduced Losses in FY24

Prosus Plans $30M Secondary Investment in Urban Company

Prosus Foresees More IPOs in Indian Startups, Valued at $100Bn

What’s up with UrbanCompany?

9 minute ⏱AI Interviews

9 minute ⏱
AI Interviews