Urban Company’s Valuation propels to $2.8 BN post latest ESOP sale

Home service market place Urban Company announced on Sunday that it has concluded its fourth ESOP buyback program worth Rs 55 Cr. According to the official statement, the Bengaluru based company was valued at around $2.8 bn. The latest ESOP buyback has clearly resulted in good spike in valuation as the company was valued around…

ByGirish ShettiDecember 13, 20210Comments

Funding News

Urban Company joins the ‘Unicorn Club’ with $255 Mn Series F Funding Round

Home service marketplace Urban Company announced on Wednesday that it has raised $255 Mn in a Series F round. The funding marks Bengaluru-based company’s entry in the coveted unicorn club. It has become the 15th unicorn of 2021. The latest funding values the seven year old startup at an eye-popping valuation of $2.1 Bn. Prosus Ventures,…

ByGirish ShettiJune 2, 20210Comments

News

Urban Company’s Unicorn Funding: Why is Urban company unhappy with Media Houses

On-demand service marketplace Urban Company has become the 12th unicorn of 2021 after it came to light that the company has raised $190 Mn in a series F round led by Naspers (now known as Prosus). The round also had the footprint of the existing investor Tiger Global whose pugmarks on India’s unicorn map is…

ByGirish ShettiApril 27, 20210Comments

News

Urban Company & LetsVenture create open-source ESOP Framework for Startups

India’s leading home service marketplace Urban Company has rolled out an open source ESOP framework policy for India’s startup ecosystem. To create this framework policy, it has collaborated with MyStartupEquity, a cap table and ESOP management product by investment firm LetsVenture. Urban Company and MyStartupEquity claim that ESOP is a generally tedious process and they plan…

ByGirish ShettiMarch 23, 20210Comments

Best Choice for Creatives