InstaHelp bleeds ₹447/order, drags Urban Company to ₹235 Cr FY26 loss
Urban Company swung from a ₹240 Cr FY25 profit to a ₹235 Cr FY26 loss as its 10-15 minute InstaHelp vertical posted a ₹119 Cr Q4 EBITDA loss on just ₹9 Cr revenue. With Snabbit and Pronto intensifying the quick-help war and ₹530 Cr cash left, a QIP looms before the FY28 breakeven target.
Urban Company slipped into a ₹234.8 Cr FY26 loss as InstaHelp's 10-15 minute household help vertical burned cash, losing ₹447 per order amid competition from Snabbit and Pronto, raising concerns about a potential QIP.