Urban Company's 'InstaHelp' Crosses 1 Million Monthly Delivered Bookings

Urban Company Limited today announced that its quick-service housekeeping vertical, InstaHelp, has surpassed 1 million monthly delivered bookings with 3 days to go in the month of March.

The 1-million milestone follows closely on the heels of the 50,000+ daily orders reported in February, marking InstaHelp as the fastest-scaling business unit in Urban Company's history.

Currently operational across Mumbai, Bengaluru, Delhi NCR, Hyderabad, and Pune, InstaHelp has seen strong adoption. Under this vertical, the company offers consumers high-quality housekeeping services for such tasks as cleaning, dishwashing, laundry and meal preparation, all within 10-15 minutes from the time of booking.

"InstaHelp's trajectory is a testament to the trust our consumers place in the platform for their most immediate, everyday needs," said Abhiraj Singh Bhal, CEO & Co-founder, Urban Company Limited.

Shares of Urban Company Limited was last trading in BSE at Rs. 118.50 as compared to the previous close of Rs. 114.50. The total number of shares traded during the day was 1315902 in over 7150 trades.

The stock hit an intraday high of Rs. 123.10 and intraday low of 111.50. The net turnover during the day was Rs. 157461559.00.

Source : Equity Bulls

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UrbanCompany INE0CAZ01013 InstaHelp