CosmicTaco

Urban Company's IPO Ambitions Amid Market Turbulence

CosmicTaco · 2025-04-13T12:12:40.991180+05:30

- Urban Company, along with several other Indian startups, is gearing up for an IPO despite global market volatility. - The IPO plans have been scaled down, with Urban Company looking to raise INR 528 Cr ($60 Mn) instead of the previously speculated INR 3,000 Cr ($300 Mn+). - Investors are cautious due to global trade uncertainties, impacting the size and valuation of upcoming IPOs like Urban Company and Ather Energy. - Urban Company's unique revenue model and reliance on gig workers present challenges in the public market, but diversification efforts like InstaHelp and D2C products may offer stability. - The IPO size reduction signals a shift in investor sentiment against high revenue multiples for loss-making startups, emphasizing long-term profitability. Source: [Inc42](https://inc42.com/features/urban-company-lines-up-for-ipo-race/)

Urban Company, along with several other Indian startups, is gearing up for an IPO despite global market volatility.
The IPO plans have been scaled down, with Urban Company looking to raise INR 528 Cr ($60 Mn) instead of the previously speculated INR 3,000 Cr ($300 Mn+).
Investors are cautious due to global trade uncertainties, impacting the size and valuation of upcoming IPOs like Urban Company and Ather Energy.
Urban Company's unique revenue model and reliance on gig workers present challenges in the public market, but diversification efforts like InstaHelp and D2C products may offer stability.
The IPO size reduction signals a shift in investor sentiment against high revenue multiples for loss-making startups, emphasizing long-term profitability.

Source: Inc42