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INSTANT HOUSEHELP INDIA
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...
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-...
Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings markSnabbit and InstaHelp, Urban Company's quick househelp verticals, each completed over 100,000 bookings in one day, highlighting growing con...
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...
Construction qcomm outfit HomeRun raises $12 million from Nexus Venture Partners, othersHomeRun, the Bengaluru-based startup that specializes in quick delivery of construction and renovation materials, has successfully raised t...
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 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...
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...
It is still a dream in US: From food to grocery to maid, NRI stunned with fast, affordable services in India. Gets blown away by Delhi-Dehradun expresswayA visitor from the United States was surprised by India's rapid grocery delivery, affordable home help, and instant digital payments. He al...
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 ...
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...
Exclusive: Instant househelp business mops up record 1.4 million orders in DecemberThe 10-minute home help sector surged to 1.4 million orders in December, up 50-60% from October, driven by consumer demand for fast, conven...