Tag: urban company
Optimising to win, capture market share in InstaHelp: Urban Company CEO Bhal as firm reports 57x jump in net loss
Home services platform Urban Company reported a 57-fold jump in net loss to Rs 161 crore in the March quarter of FY26, from Rs 2.8…
Instant house-help startup Pronto bags $20 million as valuation doubles to $200 million
Pronto has raised $20 million (Rs 189 crore) from US-based technology investor Lachy Groom, known for his bets in crypto and software firms, doubling the…
Home interior startups lean on AI to shave costs, chase profits
India’s developing home-interior segment is turning to artificial intelligence (AI) to stabilise itself as it grapples with high customer acquisition costs, stiff competition from the…
Instant domestic help apps face worker unavailability amid rapid scaling, high competition
A shortage of workers is disrupting instant domestic help platforms such as Urban Company, Snabbit and Pronto amid rising demand, with users in Delhi-NCR, Mumbai,…
Gig workers’ body writes to labour ministry to mandate heatwave protection
The Indian Federation of App-Based Transport Workers (IFAT) has written to the ministry of labour and employment, urging the government to mandate heatwave protection for…
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
In a decisive show of conviction, domestic fund managers sharply increased their holdings across a clutch of newly listed new-age companies in the March quarter,…
Quick service platform Snabbit appoints Abhinav Ankur as chief business officer
Quick service platform Snabbit has appointed former Ola executive Abhinav Ankur as its chief business officer (CBO) as demand in the newly-formed house help segment…
Startups spot a cool opening as ACs become everyday need
Air-conditioners are fast shifting from a discretionary purchase to everyday need in Indian households, and that transition is opening the door for startups like Helium,…
Urban Company’s Insta Help crosses one million bookings in March
Synopsis Urban Company’s quick service housekeeping vertical Insta Help crossed one million monthly bookings in March. The development comes after the company reported over 50,000…
Urban Company’s quick service vertical InstaHelp surpasses 1 million monthly bookings in March
Urban Company’s quick service vertical InstaHelp surpassed one million monthly delivered bookings in March, with three days remaining for the month to end, the company…