17 Sep 2025 | 3 Mins Read
Abhay Havaldar's Facebook investment yields huge return
Flipitmoney
Accel, a Silicon Valley venture capital firm, is cashing out a part of its stake in Urban Company, yielding a return multiple of nearly 27 times. With a Rs 14.3 crore investment, Accel's stake is now worth Rs 390 crore, and over Rs 1,100 crore after cashing out, thanks to Urban Company's 57.52% premium in its IPO debut on the NSE.