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urban company: Urban Company operating revenue up 45% in FY23; losses narrow

The Gurugram-based company saw its losses before taxes for the year narrowing to Rs 308 crore compared with Rs 514 crore in FY22.

Urban Company announces INR 150 Cr Partner Stock Ownership Plan-PSOP

Bangalore: Urban Company has announced an industry-first Partner Stock Ownership Plan (PSOP) for its service providers. Under this plan, the company will award stocks worth INR 150 Cr. to thousands of service partners over the next 5-7 years. The company will set up an evergreen trust to manage the PSOP plan, and award them at near zero cost to service partners. The company

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