Urban Company named 'Startup of the Year': Here's why
Urban Company just bagged the "Startup of the Year" title at this year's Economic Times Startup Awards in Bengaluru.
The win highlights a big moment for Indian startups, especially as more are heading to public markets—Urban Company's own IPO in September is a prime example.
Massive demand for ₹1,900 crore IPO
The company raised ₹1,900 crore through its IPO, with shares priced at ₹98-103 each and a minimum lot size of 145.
The offer was open from September 10-12 and listed on September 17. Demand was massive.
Urban Company's growth and future
Urban Company is an app-based platform connecting users to reliable pros for home cleaning, beauty services, and repairs across 59 cities in India and abroad (UAE, Singapore).
In FY25, it saw revenue grow by 36% and turned profitable—pretty impressive for a player in a sector expected to hit $97 billion by 2029.