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HOUSEHELP PRICING
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 ...
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 ...
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-...
New-age IPOs: Listing-day performance proves poor guide to long-term gainsSeven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed....
Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flowThe Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies...
Urban Company shares zoom 15% after Q1 results. Why Motilal Oswal raised target priceUrban Company reported a Rs 92 crore net loss in Q1 FY27 despite a 44% YoY rise in revenue to Rs 528 crore, mainly due to losses from its I...
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...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
Househelp apps top 2 million monthly orders amid profitability questionsIndia’s emerging 10-minute househelp segment is scaling quickly, but investors are seeking clearer answers on long-term economics. Market l...
Iran crisis hits India’s economy; PE firms dial up SaaS dealsThe ongoing conflict in the Middle East is likely to significantly impact Indian industries. This and more in today’s ETtech Morning Dispat...
ETtech in-depth: Instant househelp demand triples as industry scrambles to crack economicsIndia’s newest consumer internet frenzy-- on-demand house help delivered in 10 minutes-- has scaled from zero to several hundred thousand w...
'Blatant exploitation': Urban Company's Insta Maids service receives flak onlineUrban Company faced backlash for launching ‘Insta Maids,’ allowing users to book househelp in 15 minutes. Critics called it exploitative, w...
IDFC First Bank CEO repays Rs 1,000 loan from an old friend with shares worth Rs 2 croreV Vaidyanathan of IDFC First Bank gifts 7 lakh shares worth Rs 5.5 crore to individuals, including an Air Force veteran and a child who los...
Stocks in the news: IDFC First, TCS, L&T Finance, SBI Life and IB HousingMahindra CIE Automotive, the multi-technology automotive components supplier, will announces its earnings for the quarter ended on December...
IDFC FIRST Bank MD & CEO gifts shares worth over Rs 3.95 cr to trainer, driver, support staffV Vaidyanathan, managing director and chief executive officer, has gifted 9,00,000 equity shares of IDFC FIRST Bank held by him on February...