UC Hungry For Funds Again, DailyObjects’ D2C Playbook & More
Urban Company plans to raise fresh capital, with its board meeting on October 16 to discuss options for equity shares or convertible securities. Despite having ₹2,019 crore in cash, the company aims to fund its loss-making InstaHelp vertical, which reported an adjusted EBITDA loss of ₹132 crore in Q1 FY27. This move reflects a trend among new-age tech firms using public markets for ongoing liquidity.