 "What is Udaan?")
Udaan
About Udaan
What is Udaan?
Udaan, founded in 2016, is an Indian business-to-business (B2B) e-commerce platform. It operates in the categories that include lifestyle, electronics, FMCG, pharma, home and kitchen, staples, fruits and vegetables, toys, and general merchandise, according to the company.
The company is valued at $3.1 billion, according to media reports. It counts Lightspeed Venture Partners, partners of DST Global, GGV Capital, Altimeter Capital and Tencent, Octahedron Capital, and Moonstone Capital among its investors. The company is headquartered in Bengaluru.
With an ambition to "transform the way trade is done in India leveraging technology", the company was founded by three former students of Indian...Read More
Latest Updates on Udaan
Udaan product shipment jumps six-fold to 1.7 bn in 2022
The Lightspeed Venture and Microsoft-backed unicorn had shipped 260 million products, catering to around 50 million orders in 2021 -- which was hugely impacted by the pandemic
 "Udaan product shipment jumps six-fold to 1.7 bn in 2022")
Updated On : 18 Jan 2023 | 6:54 PM IST
On Udaan network, local mobile accessory brands take wings in 'Bharat'
Udaan said its in-house expert team works closely with small manufacturers and trains them to run an e-commerce business
 "On Udaan network, local mobile accessory brands take wings in 'Bharat'")
Updated On : 12 Dec 2022 | 8:15 PM IST
B2B unicorn Udaan fires around 350 employees on cost cutting measures
Sources aware of the development said around 300-350 people have been laid off from the company
 "B2B unicorn Udaan fires around 350 employees on cost cutting measures")
Updated On : 04 Nov 2022 | 9:28 PM IST
Udaan raises $120 mn amid funding winter; plans IPO in 12-18 months
Business-to-business e-commerce firm raises capital from existing investor, was valued at $3.1 billion in January 2021
 "Udaan raises $120 mn amid funding winter; plans IPO in 12-18 months")
Updated On : 27 Oct 2022 | 11:42 PM IST
CCI blocks B2B platform Udaan's plea to procure Parle-G biscuits directly
Udaan also said it would be forced to procure Parle products from the biscuit major's existing distributor network
 "CCI blocks B2B platform Udaan's plea to procure Parle-G biscuits directly")
Updated On : 14 Jul 2022 | 1:11 AM IST
3 friends set on a new path of building Udaan into a global public company
India's largest business-to-business e-commerce platform said it has achieved positive unit economics and gearing up for an IPO
 "3 friends set on a new path of building Udaan into a global public company")
Updated On : 25 Jun 2022 | 12:57 AM IST
