Company ImagesPublic markets-bound Urban Company has launched a home improvement sub-brand called Revamp, offering customers small-space makeovers in one day.
The service is currently live in Mumbai, Delhi NCR, Bengaluru and Hyderabad, the company said.
“With this launch, we’re streamlining the home renovation process by making it easier and reliable. We aim to help people by combining aesthetics, speed and service under one experience,” said Abhiraj Singh Bhal, cofounder and chief executive of Urban Company.
Prior to this, the at-home services platform had entered the quick commerce segment in March with InstaHelp, a service that allows users to book a house help in 15 minutes. The platform has since revised its time frame to 25-30 minutes.
ET had earlier reported that the company had developed its own line of consumer products and launched smart locks, along with a range of water purifiers, under the brand name ‘Native’.
Founded in 2014, Urban Company functions in two major categories: beauty and wellness, and home repairs and maintenance. The first category includes salon and spa services as well as laser hair reduction. The second comprises services such as plumbing, electrical work, carpentry, cleaning, pest control, appliance repair and painting.
On April 28, the company filed the draft red herring prospectus for a Rs 1,900-crore initial public offering (IPO), which comprises a primary issue component of Rs 429 crore. It has trimmed the overall IPO size from the Rs 3,000 crore planned earlier.
The company reported that its operating revenue had increased 38% in 2024-25 to Rs 1,144 crore. The Gurgaon-based platform also swung into the black, posting a net profit of Rs 240 crore against a loss of Rs 93 crore in FY24. The turnaround came on the back of a Rs 211 crore deferred tax credit. However, even on a pre-tax basis, the company reported a profit of Rs 28 crore.
The service is currently live in Mumbai, Delhi NCR, Bengaluru and Hyderabad, the company said.
“With this launch, we’re streamlining the home renovation process by making it easier and reliable. We aim to help people by combining aesthetics, speed and service under one experience,” said Abhiraj Singh Bhal, cofounder and chief executive of Urban Company.
Prior to this, the at-home services platform had entered the quick commerce segment in March with InstaHelp, a service that allows users to book a house help in 15 minutes. The platform has since revised its time frame to 25-30 minutes.
ET had earlier reported that the company had developed its own line of consumer products and launched smart locks, along with a range of water purifiers, under the brand name ‘Native’.
Founded in 2014, Urban Company functions in two major categories: beauty and wellness, and home repairs and maintenance. The first category includes salon and spa services as well as laser hair reduction. The second comprises services such as plumbing, electrical work, carpentry, cleaning, pest control, appliance repair and painting.
On April 28, the company filed the draft red herring prospectus for a Rs 1,900-crore initial public offering (IPO), which comprises a primary issue component of Rs 429 crore. It has trimmed the overall IPO size from the Rs 3,000 crore planned earlier.
The company reported that its operating revenue had increased 38% in 2024-25 to Rs 1,144 crore. The Gurgaon-based platform also swung into the black, posting a net profit of Rs 240 crore against a loss of Rs 93 crore in FY24. The turnaround came on the back of a Rs 211 crore deferred tax credit. However, even on a pre-tax basis, the company reported a profit of Rs 28 crore.
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