We expect to maintain 45% growth for the next 2–3 years: Vaibhav Gupta Udaan CEO Vaibhav Gupta outlines a clear path to IPO in 18–24 months, with 45% growth targets and a strong… Updated: July 29, 2025 17:05 IST
Udaan raises $114 million in Series G funding round, eyes public market debut India’s leading B2B e-commerce platform Udaan secures $114 million in Series G funding led by M&G and Lightspeed. The company… June 2, 2025 14:32 IST
IPO-bound Udaan logs 65% growth in revenue run rate In 2024, the company reduced its absolute Ebitda burn by 30% and improved its gross margins by 200 basis points… February 25, 2025 00:45 IST
Udaan raises $75 million in Series G round Last month, Udaan received approval from the National Company Law Tribunal (NCLT) for the consolidation of its various business entities… February 18, 2025 01:00 IST
Udaan’s growth stalls, losses down 19 per cent in FY24 Ramakrishnan noted a 40% expansion in buyer base, attributing the success to Udaan’s micro-market approach, which segments cities into 2-3… November 6, 2024 03:15 IST
Udaan raises Rs 300 crore in debt financing The Bengaluru-based firm, which began operations in 2016, was co-founded by former Flipkart executives Sujeet Kumar, Amod Malviya and Vaibhav… October 29, 2024 03:45 IST
B2B trade platform udaan raises Rs 300 crore debt from Lighthouse Canton, Stride Ventures, others The latest round follows the $340 million Series E funding the company raised in December last year led by M&G… October 28, 2024 11:22 IST
80% of Bengaluru’s Kirana Stores now use udaan’s platform, reveals Redseer report udaan doubles buyer base in a Year; Redseer highlights the platform’s impact on India’s kirana stores. Updated: September 19, 2024 18:39 IST
Udaan’s ‘micro-market’ strategy shows promise, says Redseer In each such micro-market, the usual residential population is about 40,000-50,000, with an average size of around 3 km, and… February 15, 2024 02:30 IST
The new and improved Udaan In FY21, the company’s revenues jumped more than 500% to nearly Rs 6,000 crore and it boasted a valuation of… February 5, 2024 04:15 IST
Physics Wallah to Meesho: A glimpse into the success stories of young Indian companies that began their journey in the last decade Success Stories Unveiled: 8 Indian start-ups that have achieved profitability November 21, 2023 01:32 IST
Udaan to trim costs ahead of 2025 IPO Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.’s Flipkart in helping smaller merchants source their goods, will make… November 6, 2023 10:22 IST
Udaan reins in cash burn rate: CEO Udaan has a dominant position in e-B2B market in terms of reach and scale given its first mover advantage January 27, 2023 05:30 IST
B2B e-commerce startup Udaan raises additional venture debt This investment into Udaan is the second investment in India committed by EvolutionX since the platform’s launch and entry into… November 25, 2022 03:15 IST
Udaan to go for second round of layoffs Bengaluru-based Udaan was founded in 2016 by former Flipkart executives Amod Malviya, Sujeet Kumar and Vaibhav Gupta. November 4, 2022 00:30 IST
Udaan bags $120mn in funding via convertible notes A person aware of the fundraise told FE that Udaan was valued at around $3.2 billion in this funding round. Updated: October 27, 2022 15:48 IST
Udaan starts multiple deliveries per day for pharmacies in 6 cities The company further said it has a buyer penetration of 35% in cities it operates in. To encourage more partners… September 30, 2022 00:05 IST
Udaan starts multiple deliveries per day for pharmacies in six cities Udaan has a network of over 3 million retailers, chemists, Kirana shops, HoReCa, farmers and 25-30,000 sellers across more than… Updated: September 29, 2022 16:47 IST
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