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Urban Company reported a net loss of ₹182.5 Cr in Q2 FY27, widening 208% YoY despite revenue rising 41% to ₹537.29 Cr. The board approved a ₹2,500 Cr fund raise via equity shares to support expansion.
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Summary by ByteBrief
Urban Company Seeks ₹2,500 Cr Fundraise
Urban Company Seeks Fresh Funding After IPO
Sources: some Anthropic investors discussed a ~$1.5T valuation for its IPO, down from ~$2T they had expected, after disclosures showed slowing Q3 revenue growth (Reuters)