New Delhi, Oct. 13 -- Home services marketplace Urban Company Ltd, which listed on stock exchanges in September 2025, is considering raising funds at a 16 October board meeting as competition in the sector intensifies, the Gurugram-based firm said in a stock exchange disclosure on 13 October.

The company said its board will consider issuing equity shares or convertible securities, subject to regulatory and shareholder approvals. The capital raise may take place through a qualified institutions placement (QIP), preferential allotment, private placement, or a combination of these methods.

The proposed fundraise comes as competition heats up in the instant home services space, driven by expanding rivals Snabbit and Pronto. On 2nd August, U...