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  • Urban Company valuation rises 33 pc within 6 months to USD 2.8 bn in 4th ESOP sale Dec 12, 2021 01:26 PM IST

    Urban Company valuation rises 33 pc within 6 months to USD 2.8 bn in 4th ESOP sale

    Urban Company shared that it has concluded the sale of ESOPs (employee stock ownership plan), worth USD 7.3 million (Rs 54.6 crore) that were allocated to 770 employees comprising shares of around 390 former employees.

  • Gig workers have constitutional right in India to form unions, says TN Hari of BigBasket Oct 22, 2021 01:36 PM IST

    Gig workers have constitutional right in India to form unions, says TN Hari of BigBasket

    Panelists express concern over mistreatment gig workers often face for raising protests against the companies they work for.

  • Cannot satisfy everybody but conscience is clear, have put best foot forward: Urban Company's Abhiraj Bhal Oct 14, 2021 07:19 PM IST

    Cannot satisfy everybody but conscience is clear, have put best foot forward: Urban Company's Abhiraj Bhal

    Urban Company Co-founder Abhiraj Bhal opens up on the hot-button issues such as minimum guarantee and customer sensitisation. Here's edited excerpts.

  • Urban Company announces 12-point program to improve partner income Oct 14, 2021 01:07 PM IST

    Urban Company announces 12-point program to improve partner income

    "The urgency with which we are moving is because it is the right thing to do and not under business pressure," Urban Company said.

  • Women partners protest on streets, Urban Company says "not perfect, acknowledge mistakes made" Oct 10, 2021 09:10 PM IST

    Women partners protest on streets, Urban Company says "not perfect, acknowledge mistakes made"

    Taking cognizance of the demands- better wages, lowering of commissions rates and safe working conditions- of the protesting women, IFAT has asked the government to take notice of their issues.

  • Urban Company is India's 12th unicorn of 2021 after a $188-million funding round Apr 27, 2021 02:25 PM IST

    Urban Company is India's 12th unicorn of 2021 after a $188-million funding round

    The home services firm has been valued at $2 billion after it raised a $188-million round led by Prosus Ventures.

  • Urban Company eyes $2 billion valuation with fresh round of investments: Report Apr 12, 2021 07:25 PM IST

    Urban Company eyes $2 billion valuation with fresh round of investments: Report

    The net booking value of all transactions through the Urban Company platform grew 138 percent from Rs 385 crore in FY19 to Rs 918 crore in FY20.

  • Urban Company to onboard over 20,000 service professionals this year Mar 14, 2021 11:32 AM IST

    Urban Company to onboard over 20,000 service professionals this year

    Currently, the company has more than 40,000 gig workers on its platform, of which over 35,000 are present in India. Of the total base of gig workers on the platform in India, more than one-third are women working as beauticians and massage therapists, Urban Company co-founder Varun Khaitan told PTI.

  • Urban Company logs strong business growth post lockdown, confident of doubling revenue in FY21 Nov 01, 2020 03:14 PM IST

    Urban Company logs strong business growth post lockdown, confident of doubling revenue in FY21

    The company has also been working on increasing its partner strength to meet the growth in demand, Urban Company co-founder Varun Khaitan said.

  • Setting Sail podcast | Business has recovered fast to pre-COVID levels: Urban Company Co-founder Abhiraj Bhal Sep 07, 2020 05:34 PM IST

    Setting Sail podcast | Business has recovered fast to pre-COVID levels: Urban Company Co-founder Abhiraj Bhal

    Tune in to the Setting Sail podcast to find out more about how Abhiraj Bhal's business recovered and what changed in their strategies.

  • Urban Company announces $5 million-ESOP sale programme Aug 25, 2020 02:15 PM IST

    Urban Company announces $5 million-ESOP sale programme

    Under the latest programme, more than 180 employees would be eligible for liquidating their vested employee stock options (ESOPs) that would be purchased through a secondary transaction by existing investor, Vy Capital, a statement said.

  • Virtual Leaders | A part of me was refusing to accept the lockdown would be long: Urban Company co-founder Varun Khaitan May 08, 2020 11:13 AM IST

    Virtual Leaders | A part of me was refusing to accept the lockdown would be long: Urban Company co-founder Varun Khaitan

    Working from home has led to fewer number of meetings, stronger focus and faster progress, says Khaitan.

  • Coronavirus pandemic | Beauticians, barbers be allowed to deliver 'home services', says Urban Company May 07, 2020 08:30 PM IST

    Coronavirus pandemic | Beauticians, barbers be allowed to deliver 'home services', says Urban Company

    In a letter to the Home Secretary, Urban Company Co-founder and CEO Abhiraj Singh Bhal lauded the Ministry of Home Affairs on allowing resumption of beauty and barber services in green and orange zones.

  • Urban Company to offer Covid-19 health insurance, income protection cover to professionals Mar 14, 2020 02:27 PM IST

    Urban Company to offer Covid-19 health insurance, income protection cover to professionals

    "Under this new insurance cover, service professionals are offered a hospitalisation cover of up to Rs 25,000 and income protection cover of up to Rs 14,000 in the event of hospitalisation due to positive diagnosis of coronavirus," it said in a statement.

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