DCGpac, which has sold over 200 million products across India so far, is growing more than 15 per cent month-on-month by revenue. It turned EBITDA positive this September
The company has already raised $1.2 billion and is currently valued at $3.1 billion
Co-founder Sujeet Kumar shares the story of how Udaan managed not only to sustain itself but also grow in spite of the pandemic disruption, in an exclusive interview with Business Standard
Udaan exclusive brands have been specially created to help and empower small businesses - including manufacturers and retailers of Bharat to compete with established brands
The tech-enabled B2B e-commerce platform for customised goods, has grown four times since the start of the year, and already surpassed $200 million in annualised revenue.
In view of the the upcoming festive season, the 'Mega Bharat Sale' will run from October 6 to October 12 on the Udaan platform
Indonesian startup Ula offers technology solutions to small retailers and seeks to expand its base.
The Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another
The other two co-founders, Amod Malviya and Sujeet Kumar, as Board members will actively work with Gupta to ensure the company effectively transitions to a CEO-led structure
Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal
The digital B2B marketplace has announced the launch of industry-first credit programmes that aim to help kiranas manage their working capital and grow their business
E-commerce adoption by kiranas on Flipkart Wholesale doubled in Jan-June this year over last year. This is seen growing 180% in July-December 2021, over the same period last year
Smallcase improves digital access to capital markets by offering weighted portfolios of stocks and exchange traded funds.
The company started out selling its specialty coffee online and via B2B partnerships; then sought to provide the complete coffee experience through cafes
As seen after Covid, there is significant adoption of online services with more users transacting online, which is favouring the overall growth of online services.
B2B consumer benefits marketplace Thriwe said it has earmarked $30 million for buyouts and is looking at acquiring 3-4 strategic assets in the next 18 to 24 months to drive business growth.
$6 bn tranche of funding led by B Capital Group, 3One4 Capital and Nexus Venture Partners; Ritesh Agarwal of OYO Hotels, Deep Nishar of Softbank among clutch of angel investors
Company is a joint venture between Amazon and Catamaran Ventures; it is aiming for 20 per cent year-on-year growth.
The company says it has expanded ESOP pool by $10 million to include more than 300 employees under the programme
Udaan is expanding into building a digital trade ecosystem and aims to have 10% of the total transactions worth $1 trillion on its platform in the next few years