Rs 14 crore to Rs 390 crore! Facebook's early investor strikes gold again, this time with Urban Company IPO
Published on: Sept. 17, 2025, 11:48 a.m. | Source: The Economic Times
Accels early investment in Urban Company turned Rs 14.3 crore into a Rs 390 crore payout after the home services platform debuted with a 57.5% premium over its Rs 103 IPO. Accel first backed the home services startup over a decade ago, buying shares at an average price of Rs 3.77 apiece. The firm still holds shares valued at over Rs 1,100 crore.
