Home services marketplace Urban Company has allocated shares worth Rs 853.87 crore ($97 million) to anchor investors ahead of its Rs 1,900 crore initial public offering (IPO).
Company has raised $50 million in its expanded Series C funding round with fresh participation from UAE-headquartered CE-Invests, Singapore-based Panthera Growth Partners, and Japan’s SMBC Asia Rising
CityMall has raised $47 million in funding led by Accel. Existing investors including Waterbridge Ventures, Citius, general catalyst, Elevation Capital, Norwest Venture Partners, And Jungle Venture also backed the round.
