Dutch investor Prosus pegs IPO-bound Urban Company’s fair value at $2.4 billion

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Dutch technology investor Prosus has pegged the fair value of at-home services platform Urban Company at $2.4 billion, according to its FY25 annual report.

The Gurugram-based firm is among several Prosus-backed Indian startups preparing to go public. Prosus Ventures holds a 6.8% stake in Urban Company, which recently filed a draft red herring prospectus (DRHP) for a Rs 1,900 crore initial public offering (IPO).

The offer includes a primary issue of Rs 429 crore and an offer for sale (OFS) of Rs 1,471 crore, through which early investors, including



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Dutch investor Prosus pegs IPO-bound Urban Company’s fair value at $2.4 billion


Dutch technology investor Prosus has pegged the fair value of at-home services platform Urban Company at $2.4 billion, according to its FY25 annual report.

The Gurugram-based firm is among several Prosus-backed Indian startups preparing to go public. Prosus Ventures holds a 6.8% stake in Urban Company, which recently filed a draft red herring prospectus (DRHP) for a Rs 1,900 crore initial public offering (IPO).

The offer includes a primary issue of Rs 429 crore and an offer for sale (OFS) of Rs 1,471 crore, through which early investors, including



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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