Urban Company board approves plan to raise Rs 2,500 crore via QIP

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 16 Oct, 10:51 UTC

Urban Company raised Rs 472 crore through its initial public offering (IPO) in September last year. As of June 30, the company had Rs 2,019 crore in cash on its books, even as its InstaHelp business continued to weigh on its bottomline.

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Sources

• T1Urban Company board approves plan to raise Rs 2,500 crore via QIPEconomic Times — Tech / Technology / Startups / ETTelecom16 Oct, 10:51