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URBAN COMPANY LOSSES
Househelp@₹100: The 10-minute boom can't sweep aside a math problemIndia’s instant househelp startups are scaling rapidly by offering affordable, on-demand domestic services, but steep losses and high custo...- Urban Company's Q2 loss triples on InstaHelp burn; CEO Bhal says ready to 'respond in full' to rivalsWith competition in the instant househelp segment remaining intense, InstaHelp's post-discount average order value (AOV) fell about 12% to ...
- Snabbit reports net loss of Rs 168 crore, revenue of Rs 12 crore in FY26Backed by investors including Nexus Venture Partners, Elevation Capital and Lightspeed, the Bengaluru-based company started operations in A...
- 10-minute househelp startups & their crore-sized lossesLatest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within...
- 'We’d make those investments again': Snabbit CEO on FY26 lossesHis comments followed media reports on Friday based on Registrar of Companies filings, that said the company had earned operating revenues ...
- Urban Company Q2 Results: Loss widens to Rs 182 crore; revenue jumps 41% YoYUrban Company reported a net loss of Rs 182 crore in Q2FY27 as investments in its quick services business, InstaHelp, weighed on profitabil...
- Urban Company board approves plan to raise Rs 2,500 crore via QIPIn a letter to shareholders, the Gurugram-based company said it had Rs 1,901 crore in cash as of September 30, while its businesses excludi...
- UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
- UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
- Urban Company eyes Rs 2,500 crore QIP amid cash-intensive househelp battleThe Gurugram-based company, which went public in September 2025, is locked in a battle with Lightspeed-backed Snabbit and General Catalyst-...
- IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
- India has a 1% GDP opportunity. It’s hiding in plain sightIndia could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient asset...
- ET Exclusive: Flipkart’s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPsA group of former senior Flipkart executives has urged Walmart to buy back their vested stock options. This request comes after the company...
- Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
- Market crash wipes out Rs 26 lakh cr in 8 weeks! Why soaring bond yields may hurt Sensex, Nifty more than elevated oil pricesThe Sensex and Nifty have fallen for eight straight weeks, wiping out more than Rs 26 lakh crore in market capitalisation. While elevated o...
- India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
- Bharti Airtel, Vi shares rise up to 2% after Aug mobile subscriber data. Which is Nomura’s top pick?India added 55 lakh mobile subscribers in August, according to data from the Telecom Regulatory Authority of India. Reliance Jio continued ...
- India's ₹60,000 crore TV business faces a new reality: Fewer viewers, old rulesIndia's ₹60,000-crore television broadcasting industry is experiencing regulatory uncertainty due to shifting consumer preferences. Traditi...
- 'Corruption taking place right under CM's nose': Punjab Congress chief Warring questions ED timing of Punjab raidsAmrinder Singh Raja Warring criticized the Enforcement Directorate's recent investigations into corruption in Punjab. He questioned why the...
- TV distributors switch to apps to keep the show goingIndia's television distribution industry is moving towards app-based delivery amid changing consumer preferences and connected TV growth. S...
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