Prosus helps Urban Company close series F round

Jun 2, 2021 • Edison Fu

Prosus Ventures co-led a $255m primary and secondary round for the home service booking platform, which is planning to go public in the next year or two.

Urban Company, the India-based developer of a professional services ordering platform, has closed a $255m series F round co-led by internet group Prosus, Press Trust of India reported today.

The round was co-led by Prosus Ventures, the Prosus subsidiary formerly known as Naspers Ventures, with Dragoneer Investment Group and Wellington Management. It was filled out by Steadview Capital, Tiger Global and Vy Capital, and valued Urban Company at $2.1bn.

The round consisted of a $188m primary transaction revealed last…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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