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Urban Company posts 37% growth in Q2 FY26, losses balloon due to Insta Help push

EntrackrEntrackr ยท 4m ago
Urban Company posts 37% growth in Q2 FY26, losses balloon due to Insta Help push
Medial

Urban Company posts 37% growth in Q2 FY26, losses balloon due to Insta Help push Home services marketplace Urban Company has reported strong topline growth during the second quarter of FY26, though its bottom line took a hit due to heavy investments in its newly launched vertical, Insta Help. According to the companyโ€™s quarterly financial results, Urban Company's revenue from operations rose 37% year-on-year to Rs 380 crore, while its net transaction value (NTV) grew 34% to Rs 1,030 crore. Urban Companyโ€™s India Consumer Services, which includes categories like cleaning, beauty, and repair, clocked Rs 262 crore in revenue. Its annual transacting users stand at 7.4 million, while its monthly active professionals increased to 57,251 during the quarter. Income from the native water purifier surged 179% to Rs 75 crore in Q2 FY26. Revenue from its international business stood at Rs 41 crore, while Insta Help, the companyโ€™s new daily housekeeping vertical launched earlier this year, has processed 468,000 orders in October 2025 with minimal revenue. With the new launch, the company has to expand its team as its employee benefits, marketing, and other overheads led its total expenditure to increase to Rs 462 crore in Q2 FY26, resulting in a net loss of Rs 59 crore, compared to a loss of Rs 1.82 crore in Q2 FY24. On a sequential basis, the firm posted a net profit of Rs 6.94 crore in Q1 FY26. According to Urban Companyโ€™s shareholders' letter, it expects consolidated EBITDA losses to continue in the near term as it invests aggressively in scaling Insta Help, which it sees as a large, high-frequency category critical to strengthening its core platform. At the end of September 2025, Urban Companyโ€™s total current assets stood at Rs 1,939 crore, providing ample liquidity to fund new initiatives and expansion. โ€œWhile we are not yet generating free cash flow, our goal is to build a platform that maximizes long-term FCF per share and delivers lasting value to every shareholder,โ€ said Abhiraj Singh Bhal, co-founder and CEO of Urban Company.

Pronto raises $25 Mn in Series B led by Epiq Capital

EntrackrEntrackr ยท 9d ago
Pronto raises $25 Mn in Series B led by Epiq Capital
Medial

Pronto raises $25 Mn in Series B led by Epiq Capital Home services startup Pronto has raised $25 million (around Rs 228.9 crore) in its Series B round led by Epiq Capital. Existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures also participated in the round. The round comes six months after Pronto raised an $11 million Series A round. The proceeds will be used to hire and train more professionals and strengthen operations across existing markets and service categories over the next 12 to 18 months. Founded in 2025 by Anjali Sardana, Pronto offers 10-minute on-demand home services, connecting urban households with trained and background-verified domestic workers. The platform provides services such as sweeping, mopping, utensil washing, kitchen and bathroom cleaning, laundry assistance, and other routine chores through instant, scheduled, or recurring bookings. The startup operates in Delhi NCR, Bengaluru, and Mumbai, among other cities. It claims its daily bookings have increased from around 1,000 to over 18,000 in the past seven months and says it is growing at more than 20% week-on-week. Pronto currently works with nearly 3,000 professionals and has a core team of about 60 employees. The brand recently shifted its headquarters to Bengaluru while retaining customer support operations in Gurugram. In the instant home services segment, it faces competition from Snabbit and Urban Companyโ€™s Insta Help. Snabbit secured $30 million in a Series C round in October last year. Urban Company recently claimed that Insta Help surpassed 50,000 daily bookings within a year of its launch, while Snabbit recorded over 8 lakh bookings in February alone.

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