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Existing investors Vy Capital and Prosus Ventures, and Dharana Capital, an offshoot of Vy Capital, will be purchasing a majority of these shares from both current and former employees
Urban Company has announced its fifth and largest Esop (employee stock ownership plan) secondary sale programme, worth Rs 203 crore (about $25 million). Existing investors Vy Capital and Prosus Ventures, and Dharana Capital, an offshoot of Vy Capital, will be purchasing a majority of these shares from both current and former employees, the at-home services platform said on Wednesday.
Get latest articles and stories on Latest News at LatestLY. Urban Company on Wednesday said Dutch investment firm Prosus as well as Vy Capital and its offshoot Dharana Capital will buy shares worth Rs 203 crore from the employees of the on-demand home service firm. Latest News | Prosus, Vy Capital, Dharana Cap to Buy Urban Company's Shares Worth Rs 203 Crore.
UAE was the first overseas market for Urban Company; the company has been present in the country for the last five years.
Twitter may announce Musk deal today; Urban Company gets four new board members : Rashtra News #Twitter #announce #Musk #deal #today #Urban #Company #board #members This morning it emerged that Twitter, under pressure from its shareholders, had begun negotiating a deal with Elon Musk. By evening, reports said the company was close to accepting Musk’s