Zepto defers its IPO; Urban Company slips into the redZepto has decided to pause its IPO amid pricing concerns. This and more in today's ETtech Top 5.
InstaHelp prioritising market leadership despite margin pressure: Urban CompanyThe Gurugram-based company, which went public last August, competes with Lightspeed-backed Snabbit and General Catalyst-backed Pronto in th...
Urban Company Q1 Results: Firm posts Rs 92 crore loss vs profit year ago; revenue rises 44% YoYUrban Company slipped to a Rs 92 crore net loss in Q1 FY27 despite a 44% year-on-year rise in revenue to Rs 528 crore, as aggressive expans...
Instant help burn rises; TCS kicks off Q1 earningsInstant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch.
Instant househelp startups burn $16-17 million in June as battle for customers intensifiesInstant househelp sector cash burn rose 14% month-on-month to $16-17 million in June. Aggressive discounting and customer acquisition offer...
Fable 5 wake-up call; Indians chase SpaceX jackpotHappy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Mornin...
Instant househelp startups burn $14-15 million in May as discounts heat upInstant home services platforms like Urban Company, Snabbit, and Pronto are aggressively spending millions on discounts again to capture ma...
Urban Company winds down Saudi Arabia subsidiary, operations to continue through joint ventureHome services giant Urban Company has ceased its operations in Saudi Arabia following the cancellation of its subsidiary's commercial regis...
Urban Company shares tank 9% after Q4 net loss swells to Rs 161 crore despite a sharp revenue uptickUrban Company shares dropped nearly 9% after the company reported a significant surge in its March quarter net loss to Rs 161 crore, despit...
Optimising to win, capture market share in InstaHelp: Urban Company CEO Bhal as firm reports 57x jump in net lossHome services platform Urban Company reported a 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26, primarily due to inc...
InstaHelp pushes Urban Company's growth but drags overall profitabilityUrban Company's InstaHelp service saw rapid growth in the March quarter. This expansion led to a significant increase in net losses. The co...
Urban Company Q4 Results: Cons loss swells 57X to Rs 161 crore; revenue jumps 43% YoYUrban Company Q4 Results: Urban Company's net loss widened to Rs 161 crore in the March quarter. This occurred despite a 43% jump in revenu...
Urban Company’s quick service vertical InstaHelp surpasses 1 million monthly bookings in MarchUrban Company’s quick-service offering scaled rapidly within a year of launch to hit this milestone, underlining strong demand for instant ...
Urban Company’s quick services vertical InstaHelp crosses 50,000 daily bookingsLaunched as a pilot in Mumbai in March 2025, InstaHelp offers on-demand housekeeping services such as cleaning, dishwashing, laundry and me...
Urban Company slips into loss in Q3; revenue up 33% at Rs 383 croreThe at-home services platform reported a loss of Rs 21 crore in Q3, compared to a profit of Rs 231 crore a year earlier, driven by a one-ti...
Urban Company Q3 Results: Co reports loss of Rs 21 crore, revenue up 33%Urban Company slipped to a Rs 21 crore Q3 loss as heavy investment in InstaHelp hurt earnings, despite 33% revenue growth. Core businesses ...
Urban Company’s fresh investments in house-help category may hit bottomline: AnalystsWhile modest by consumer internet standards, industry executives said the amount is enough to support subsidised pricing, fast customer acq...