Financial Performance Overview Urban Company, the leading home services marketplace, reported a consolidated net loss of ₹161 crore for the fourth quarter of the fiscal year, marking a significant increase in deficit despite a robust expansion in its top-line earnings. The Gurugram-based startup announced that its revenue from operations surged by 43% to reach ₹426…
The Path to Public Markets Mumbai-based quick commerce leader Zepto has received formal approval from the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) aimed at raising approximately ₹9,300 crore. The move, confirmed this week, signals a major milestone for the startup as it prepares to capitalize on the…
Regulatory Milestone for Quick Commerce The Securities and Exchange Board of India (Sebi) has officially granted approval to Zepto, the Mumbai-based quick commerce unicorn, to proceed with an initial public offering (IPO) aimed at raising $1 billion. This regulatory green light marks a pivotal moment for the Indian startup ecosystem, as the company prepares to…
