Dharana Capital acquires $50M stake in Urban Company

Quick Summary:

The transaction is Urban Company's largest ESOP liquidity, with shares acquired from employees and other shareholders.

We look forward to continuing to support them in their endeavour to build a long-lasting institution,” he added.

This allowed current and former employees to liquidate their vested stocks, with Dharana Capital, Vy Capital, and Prosus purchasing these shares.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: IndiaSaudi ArabiaSingapore

Topics: Esop Urban Capital Transaction Policy Services Shares Privacy Partner Company Dharana

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 11:29:54 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 287 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21666769

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Official Website: yourstory.com

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