Urban Harvest in advanced talks to raise ₹300 cr at ₹1,500 cr valuation

B2B HoReCa quick-commerce player Urban Harvest is closing a ₹300 cr round from Info Edge and Mankind family office at a ₹1,500 cr valuation, nearly 2x its prior ₹780 cr mark. Capital fuels dark warehouse expansion to take on Zomato's Hyperpure, with FY26 revenue tracking ₹385 cr versus ₹118 cr in FY25.

— Source publishedFri, 19 Jun, 2026, 13:37 IST·First seen Fri, 19 Jun, 2026, 13:40 IST·Source Mint

What happened

B2B HoReCa quick-commerce startup Urban Harvest is in advanced talks to raise ₹300 crore at ₹1,500 crore valuation from Info Edge and Mankind family office,

Key facts

  • ₹300 crore raise
  • ₹1,500 crore valuation
  • previous ₹780 crore valuation
  • FY26 revenue ₹385 crore
  • FY25 revenue ₹118 crore
  • FY27 target ₹1,500 crore
  • 16,000 restaurants/month
  • 5 dark warehouses

Why this matters

Urban Harvest's warchest and Info Edge backing make it a credible standalone challenger to Hyperpure, narrowing the M&A window for incumbents wanting to consolidate B2B HoReCa supply.

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