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Poosarla Sai Karthik

Tech guy with a busi... • 19h

Urban Company’s IPO had a strong start today. It opened at ₹162.25, which is 57.5% higher than its issue price of ₹103, and closed 64% up. This made the company’s value almost $3 billion. The IPO was oversubscribed 103 times, showing that investors trust its growth. Urban Company is changing how home services work. It connects people with professionals for services like cleaning or repairs. This makes it easier and more reliable for customers to get help at home. The company is working in 51 cities in India, the UAE, Singapore, and is also expanding to the U.S. and Saudi Arabia. It’s adding new services like smart water purifiers and help with household chores. This shows how the way we use home services is changing. With strong support and new ideas, Urban Company is ready to lead and grow in this space for the future.

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Urban Company is planning for an IPO to raise approx. 3000 crores by April. Urban Company last valued at $2.1 Billion in 2021.

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Urban company 1900 cr initial public offering (ipo) confirmed.

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Avlokita S

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Urban Company IPO feels proud even if remotely. My latest on Medium. https://shorturl.at/AewoX

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Himanshu Shekhar

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Do you think a new platform offering home services, similar to Urban Company, but with a focus on faster payments, WhatsApp-based registration, and local worker communities, can succeed in India? Why or why not?

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