
Udaan CEO Vaibhav Gupta outlines a clear path to IPO in 18–24 months, with 45% growth targets and a strong…
India’s leading B2B e-commerce platform Udaan secures $114 million in Series G funding led by M&G and Lightspeed. The company…
In 2024, the company reduced its absolute Ebitda burn by 30% and improved its gross margins by 200 basis points…
Last month, Udaan received approval from the National Company Law Tribunal (NCLT) for the consolidation of its various business entities…
Ramakrishnan noted a 40% expansion in buyer base, attributing the success to Udaan’s micro-market approach, which segments cities into 2-3…
The Bengaluru-based firm, which began operations in 2016, was co-founded by former Flipkart executives Sujeet Kumar, Amod Malviya and Vaibhav…
The latest round follows the $340 million Series E funding the company raised in December last year led by M&G…
udaan doubles buyer base in a Year; Redseer highlights the platform’s impact on India’s kirana stores.
In each such micro-market, the usual residential population is about 40,000-50,000, with an average size of around 3 km, and…
In FY21, the company’s revenues jumped more than 500% to nearly Rs 6,000 crore and it boasted a valuation of…
Success Stories Unveiled: 8 Indian start-ups that have achieved profitability
Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.’s Flipkart in helping smaller merchants source their goods, will make…
Udaan has a dominant position in e-B2B market in terms of reach and scale given its first mover advantage
This investment into Udaan is the second investment in India committed by EvolutionX since the platform’s launch and entry into…
Bengaluru-based Udaan was founded in 2016 by former Flipkart executives Amod Malviya, Sujeet Kumar and Vaibhav Gupta.
A person aware of the fundraise told FE that Udaan was valued at around $3.2 billion in this funding round.
The company further said it has a buyer penetration of 35% in cities it operates in. To encourage more partners…
Udaan has a network of over 3 million retailers, chemists, Kirana shops, HoReCa, farmers and 25-30,000 sellers across more than…