About Urban
Urban is a company based in Colombo (Sri Lanka) founded in 2016.. Urban has raised $13.82 thousand across 1 funding round from investors including John Keells X. Urban operates in a competitive market with competitors including Wow.lk, Takas, MirrorMirror, Wishque and Quickee, among others.
- Headquarter Colombo, Sri Lanka
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.82 K (USD)
in 1 rounds
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Latest Funding Round
$13.82 K (USD), Seed
Sep 12, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of Urban
Urban has successfully raised a total of $13.82K through 1 strategic funding round. The most recent funding activity was a Seed round of $13.82 thousand completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $13,819
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First Round
First Round
(12 Sep 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Urban | Valuation | John Keells X |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Urban
Urban has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include John Keells X. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Urban
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Urban
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Urban Comparisons
Competitors of Urban
Urban operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wow.lk, Takas, MirrorMirror, Wishque and Quickee, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce website in Sri Lanka
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| domain | founded_year | HQ Location |
Online retailer of horizontal consumer products
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| domain | founded_year | HQ Location |
Online platform for fashion, accessories, and homeware shopping with islandwide delivery.
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| domain | founded_year | HQ Location |
Operates an online retail platform with products across various categories.
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| domain | founded_year | HQ Location |
Online platform for shopping various products with island-wide delivery.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Urban
When was Urban founded?
Urban was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Urban located?
Urban is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
Is Urban a funded company?
Urban is a funded company, having raised a total of $13.82K across 1 funding round to date. The company's 1st funding round was a Seed of $13.82K, raised on Sep 12, 2019.
What does Urban do?
Urban was founded in 2016 in Colombo, Sri Lanka, as an e-commerce platform in the retail sector. A range of products is provided, encompassing electronics such as smart watches, headphones, subwoofers, speakers, sound bars, cameras, and mobile phones; accessories like AirPods and Kindle books; perfumes; musical instruments; and fashion items. Operations are conducted via the domain urban.lk, serving customers in the region.
Who are the top competitors of Urban?
Urban's top competitors include Wow.lk, Takas and MirrorMirror.
Who are Urban's investors?
Urban has 1 investor. Key investors include John Keells X.
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