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Urban Company enters unicorn club with $255 Mn funding

Shortpedia

Content Team
Image Credit: shortpedia

Hyperlocal service provider Urban Company today announced its entry into the unicorn club with $255 Mn Series F funding round led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger Global and Steadview. With the latest fundraise, Urban Company is now valued at $2.1 Bn. It reported a revenue of INR 256.4 Cr in FY20, with losses mounting up to INR 137.8 Cr.