Urban Company turns profitable; GlobalBees faces insolvency

IPO-bound at-home services company Urban Company turned profitable in FY25. This and more in today’s ETtech Top 5. Also in the letter:■ Startups strengthen domestic control■ Ola goes commission-free ■ Meta eyeing OpenAI talent Urban Company posts Rs 240 crore profit in FY25, revenue rises 38% (L-R) Varun Khaitan, Raghav Chandra, Abhiraj Singh Bhal, cofounders,…

US medical debt financing groups vie to be ‘solution’ to struggling rural hospitals | US healthcare

Medical debt financing and “patient access” companies are pitching their services to struggling rural hospitals nervous about keeping the doors open, as congressional Republicans consider healthcare cuts that could leave 16 million Americans without insurance. These companies, who act as middlemen between hospitals and patients, told the Guardian they could be a solution for cash-poor…