logo
Urban Company ties up with Noon to expand at-home services in UAE, Saudi Arabia

Urban Company ties up with Noon to expand at-home services in UAE, Saudi Arabia

Time of India12-05-2025
At-home services platform
Urban Company
has partnered with Saudi Arabia-based digital ecommerce platform
Noon
to deliver home services to users in the UAE and Saudi Arabia through the Noon app.
#Operation Sindoor
The damage done at Pak bases as India strikes to avenge Pahalgam
Why Pakistan pleaded to end hostilities
Kashmir's Pahalgam sparks Karachi's nightmare
The rollout will begin soon in both countries, with plans to extend the services to more regions, the company said.
The Gurugram-based company already operates in the UAE and Saudi Arabia through its own app. The partnership will help it grow its customer base by allowing users to book, manage, and rebook service professionals within Noon's digital platform.
'Partnering with Noon marks a step in our mission to bring quality home services to households in the Middle East. With Noon's scale and customer relationships, we're excited to build a seamless, tech-enabled service experience that redefines what great service looks like in Saudi Arabia and the UAE,' said Abhiraj Singh Bhal, chief executive and cofounder, Urban Company.
Urban Company primarily functions within two major categories: beauty and wellness, and
home repairs and maintenance
.
In the UAE, it will provide a range of services including cleaning and laundry; AC, plumbing, and electrical repairs; at-home salon, massage, and grooming services for both men and women; as well as babysitting, pet care, ironing, and packing. In Saudi Arabia, the offerings will include home cleaning, maintenance, and at-home massage and nail care services for women.
Discover the stories of your interest
Blockchain
5 Stories
Cyber-safety
7 Stories
Fintech
9 Stories
E-comm
9 Stories
ML
8 Stories
Edtech
6 Stories
'With Urban Company's quality and Noon's reach, we're building a new standard for on-demand services — fast, reliable, and built around the customer,' said Faraz Khalid, chief executive, Noon.
On April 28, Urban Company filed
the draft red herring prospectus (DRHP) for a Rs 1,900-crore
initial public offering
(IPO). The company has trimmed the overall IPO size from an earlier planned Rs 3,000 crore.
In the first nine months of FY25, Urban Company clocked operating revenue of Rs 846 crore, marking a 41% year-on-year (YoY) growth, ET had reported. The company also turned profitable in this period, posting a net profit of Rs 242 crore, against a loss of Rs 58 crore in April-December 2023.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

In rare move, India buys soy oil in record quantity from China
In rare move, India buys soy oil in record quantity from China

First Post

time5 minutes ago

  • First Post

In rare move, India buys soy oil in record quantity from China

As Chinese suppliers have offered discounts owing to a decline in their exports, India has bought a record 150,000 metric tons of soyoil from China in recent months, with imports peaking in May. read more Shoppers are seen in an aisle with subsidised vegetable oils at a government outlet in Cairo, Egypt August 29, 2017. (Representative Photo, Credit: Mohamed Abd El Ghany/Reuters) Indian importers have bought a record 150,000 metric tons of soyoil from China in rare purchases, as a supply glut prompted Chinese crushers to sell at a discount to India's traditional suppliers from South America, four trade sources said. The exports to India will help Chinese crushers cut inventories that surged after the country's soybean imports hit a record peak in May, boosting processing and stockpiles while demand slowed. China is the world's biggest importer of soybean. STORY CONTINUES BELOW THIS AD Indian importers bought the soyoil for shipment between September and December, with sellers offering a $15 to $20 a ton discount compared with South American supplies, said the sources who declined to be named because they were not authorised to speak to the media. 'Chinese soybean crushers are struggling with excessive soymeal and soyoil. To reduce inventories, they are shipping oil to India,' a New Delhi-based dealer with a global trade house told Reuters. India, which mainly imports soyoil from Argentina and Brazil, began buying from China due to the price advantage, the dealer said. China is traditionally a net importer of soyoil and palm oil. Chinese crushers offered crude soyoil at around $1,140 per ton, including cost, insurance, and freight (CIF), for shipments in the December quarter, compared with $1,160 from South America, another dealer said. Lower freight costs have given China the upper hand too, as shipments from South America take more than six weeks to reach India, while those from China arrive in two to three weeks, a Mumbai-based dealer said. India meets nearly two-thirds of its vegetable oil demand through imports —by private companies— of palm oil, mainly from Indonesia and Malaysia, as well as sunflower oil and soyoil from Russia and Ukraine in addition to Argentina and Brazil. STORY CONTINUES BELOW THIS AD In India and elsewhere, soyoil is trading at a premium over palm oil, but in China, soyoil is trading at a discount due to the supply glut, a Kuala Lumpur-based dealer said. India's annual cooking oil requirement is huge, and it could buy even more from China if offered at competitive prices, said Sandeep Bajoria, chief executive of the Sunvin Group, a Mumbai-based vegetable oil brokerage. (This is an agency copy. Except for the headline, the copy has not been edited by Firstpost staff.)

AXISCADES Tech hits the roof after secures strategic defence electronics orders worth Rs 600 crore
AXISCADES Tech hits the roof after secures strategic defence electronics orders worth Rs 600 crore

Business Standard

time5 minutes ago

  • Business Standard

AXISCADES Tech hits the roof after secures strategic defence electronics orders worth Rs 600 crore

AXISCADES Technologies was locked in 5% upper circuit at Rs 1296.85 after the company announced that it has secured significant new orders, across airborne, naval, and radar-based platforms from premier defence laboratories in India. The orders involve development and supply of advanced sub-systems for some of the most sophisticated indigenous platforms being developed by leading defence agencies like DRDOs and defence PSUs. With this order book, AXISCADES deepens its involvement in India's key defence initiatives, including fighter aircraft upgrades, naval modernization, and long-range surveillance radar systems. These programs of a cumulative order value of around ₹ 600 Cr, adds to the existing order book, to be executed over the next 3 to 5 years, with a steady revenue stream across development, prototyping, and full-scale production phases. C. Manikandan, CTO, said: "Our partnerships on these critical programs reflect our core strength in high-performance radar, sonar, and signal processing electronics. Were proud to be contributing to indigenous platforms that will define the future of India's defence preparedness. These wins also highlight our deep integration into the ecosystem of Indias premier defence research and production agencies." AXISCADES is a leading, end-to-end technology, product and solutions provider aiding the creation of innovative, sustainable, and safer products worldwide in the aerospace, defence and ESAI domains. On a consolidated basis, AXISCADES Technologies' net profit surged 253.16% to Rs 30.76 crore while net sales rose 4.75% to Rs 267.97 crore in Q4 March 2025 over Q4 March 2024.

Lajpat Nagar, Saket G Block to have metro link
Lajpat Nagar, Saket G Block to have metro link

Hans India

time5 minutes ago

  • Hans India

Lajpat Nagar, Saket G Block to have metro link

New Delhi: A critical metro link between Lajpat Nagar and Saket G Block will be constructed under Phase-4 of Delhi Mass Rapid Transport System, the construction arm of the Railways Ministry said on Tuesday. 'This project will further facilitate smoother, more sustainable, and more efficient public transport in the national capital. The project is valued at approximately Rs 447.42 crore (inclusive of GST) and is expected to be completed within 36 months,' the Rail Vikas Nigam Limited said in a statement. According to the RVNL, this is the first Delhi Metro project that the company has been entrusted with. The RVNL is a public sector undertaking (PSU) of the Railways Ministry. 'This underscores the company's growing footprint in development of urban transport infrastructure,' the press note said. Company officials said the scope of work includes the design and construction of a 7.298 km elevated viaduct, along with seven elevated station platforms namely Saket G block Pushp Vihar, Saket district centre, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar. 'This project is a significant opportunity for RVNL to contribute to the future-ready infrastructure of Delhi. We are committed to delivering it with excellence, safety, and innovation, fully aligned with DMRC's vision of creating world-class urban mobility systems,' Pradeep Gaur, Chairman and Managing Director, RVNL, said. 'RVNL, among others, is already executing metro rail projects in eight cities in different parts of the country.' Gaur said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store