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Urban Company’s IPO is off to a roaring start. Retail investors snapped up shares within an hour of the issue opening. By the second day, demand was more than five times the supply, and in the grey market, the stock was already trading nearly Rs.40 above its official price band. The company has reported its first-ever annual profit, rolled out new services like Insta Help and Revamp, and is raising nearly Rs.1900 crore to fuel its next phase of growth.
On paper, it’s a remarkable turnaround story.
But there’s another side you won’t find in most headlines. Urban Company has built its business on the backs of gig workers. A majority of them are women who have been asking for things as basic as employment benefits, fair policies, and a share in the company’s success.
In this special episode, we revisit host Snigdha Sharma's earlier conversation with two such workers whose voices cut through the numbers.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
By The Ken5
99 ratings
Urban Company’s IPO is off to a roaring start. Retail investors snapped up shares within an hour of the issue opening. By the second day, demand was more than five times the supply, and in the grey market, the stock was already trading nearly Rs.40 above its official price band. The company has reported its first-ever annual profit, rolled out new services like Insta Help and Revamp, and is raising nearly Rs.1900 crore to fuel its next phase of growth.
On paper, it’s a remarkable turnaround story.
But there’s another side you won’t find in most headlines. Urban Company has built its business on the backs of gig workers. A majority of them are women who have been asking for things as basic as employment benefits, fair policies, and a share in the company’s success.
In this special episode, we revisit host Snigdha Sharma's earlier conversation with two such workers whose voices cut through the numbers.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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