Urban Company raises USD 255 mn, valuation crosses USD 2.1 bn ...Middle East

On-demand home services provider Urban Company on Wednesday said it has raised USD 255 million (about Rs 1,857 crore) in funding led by Prosus Ventures, Dragoneer and Wellington Management, ahead of its plans to launch an IPO in the next two years. The series F round - which also saw participation from Vy Capital, Tiger Global and Steadview - takes Urban Company's valuation to USD 2.1 billion.

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