Urban Company’s FY24 loss narrows to ₹93 Cr, revenue up 30% YoY

Hyperlocal services startup Urban Company posted a loss before tax of ₹93 crore in the financial year 2023-24 (FY24), down 70% year-on-year from ₹312 crore a year ago. The Gurugram-based startup’s net revenue rose 30% YoY to ₹827 crore, ET reported, citing an annual business summary shared by the company.