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Udaan Recent News & Articles
General News
Dec 18, 2023
Udaan laid off over 100 employees after restructuring in September
Nov 4, 2022
Udaan fires 300-350 employees
Jun 27, 2022
B2B e-commerce platform Udaan lays off 180 employees
Feb 16, 2022
B2B ecommerce platform udaan removes 1 year ESOP cliff
Feb 16, 2022
Udaan removes 1-year cliff on ESOPs; employees can vest every quarter
Jan 20, 2022
Australia’s Blackmores joins hands with udaan to expand it's distribution network in India
Dec 28, 2021
The FMCG versus distributor battle shows no sign of abating
Oct 4, 2021
Udaan’s sale to offer discounts for SMEs, kirana shops
Sep 10, 2021
Udaan names cofounder Vaibhav Gupta as CEO, eyes IPO in 18-24 months
Sep 10, 2021
Udaan rejigs board, co-founder, Vaibhav Gupta, appointed as CEO
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Funding News
Jan 16, 2024
Udaan valuation tanks to $1.7 Bn in Series E round
Dec 14, 2023
Udaan raises $340 Mn in Series E round
Oct 27, 2022
Udaan raises $120 Mn via convertible notes and debt
Jan 6, 2022
B2B firm Udaan raises $250 million via convertible note and debt
Jan 5, 2022
Udaan closes $200 million debt financing through convertible notes
Jan 5, 2022
Udaan raises $250 Mn via convertible note and debt
Jan 6, 2021
Udaan raises $280 mn from new and existing investors
Mar 23, 2020
Udaan receives $30 Mn from holding company
Oct 3, 2019
Udaan adds $286 Mn in Series D round; Tencent invests $150 Mn
Oct 3, 2019
Udaan soars higher, raises $585 million in fresh funds
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Financial News
Oct 10, 2023
Udaan’s gross revenue shrinks 43%, losses reduce 33% in FY23
Aug 21, 2023
Exclusive: Udaan in talks to raise new round, valuation may drop significantly
Dec 2, 2022
Udaan’s scale nears Rs 10,000 Cr in FY22, losses go past Rs 3,000 Cr
Jan 11, 2022
Udaan net loss little changed as revenue surges over six-fold
Jan 11, 2022
Udaan’s revenue shot up 6X to Rs 5,919 Cr in FY21
Feb 3, 2020
Exclusive: Udaan by the numbers, Rs 20,000 Cr valuation and 46 Cr revenue
Nov 25, 2019
Udaan spent Rs 363 Cr to earn Rs 12 Cr in operating revenue during FY19
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