Venture Capital

Urban Company Raises $190 Mn At $2-bn Valuation, Joins Unicorn Club | Business Standard News

by posted 4months ago 25 views
Besides Prosus, the other investors include DF International and Wellington Management. : Urban Company, India and UAE’s largest tech-enabled home services marketplace, has raised $190 million from investors led by Prosus (formerly Naspers). The funding has more than doubled the Gurugram-based company’s valuation to $2 billion. In 2019, the firm was valued at $933 million after a funding round, led by Tiger Global. Urban Company has now become a unicorn, a startup valued at more than $1 billion.

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