Ahead of filing its draft red herring prospectus (DRHP), consumer services unicorn Urban Company’s founders cumulatively sold shares worth nearly INR 779.08 Cr through secondary transactions. According to the DRHP filed with SEBI on April 28 for a proposed INR 1,900 Cr IPO, co-founders Abhiraj Bhal, Varun Khaitan, and Raghav Chandra each offloaded shares valued at INR 259 Cr between September 2024 and March 2025.
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