StartupsInc42about 2 hours ago
Urban Company Seeks ₹2,500 Cr Fundraise
2 min read
Urban Company's board approved a proposal to raise up to ₹2,500 Cr via equity shares or debentures. The company reported a net loss of ₹182.5 Cr for the September quarter, while operating revenue jumped 41% YoY to ₹537.29 Cr. It aims for Adjusted EBITDA breakeven by Q3 FY28.
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