Last updated: Nov 6, 2024
- Brand NameUdaan
- HeadquarterBengaluru
- No. of Employees11917
- Industry
E-commerce, B2B
- Founded Year 2016
- Company StatusActive
- Highlights
- Total Funding₹14895.41 Cr
- Funding Rounds15
- FY 2023-24 Revenue₹5738.30 Cr
- FY 2023-24 Loss-₹1674.10 Cr
About Udaan
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh productsranging across categories from electronics and app.....view more
Business Model of Udaan
Udaan is B2B e-commerce cum lending platform that connects retailers to buy directly from large manufacturers across multiple categories such as staples, apparel, pharmacy, FMCG and electronics. Udaan has 20,000 suppliers and a million retailers It claims to deal in 1.5 million products across 500 plus brands.
Key People/Management
Show allAM
Amod MalviyaCo-Founder
SK
Sujeet KumarCo-Founder
VG
Vaibhav GuptaCo-Founder
GK
Gopi Krishna ObulamDirector
AA
Ankit AgarwalDirector
Top Competitors
TI
Trade IndiaU72200DL1990PTC041415
IN
IndiamartL74899DL1999PLC101534
PR
ProcmartU74120UP2015PTC074758
JU
JumbotailU72200KA2015PTC083865
Latest News
- Udaan valuation tanks to $1.7 Bn in Series E roundJan 16, 2024
- Udaan laid off over 100 employees after restructuring in SeptemberDec 18, 2023
- Udaan raises $340 Mn in Series E roundDec 14, 2023
- Udaan’s gross revenue shrinks 43%, losses reduce 33% in FY23Oct 10, 2023
- Exclusive: Udaan in talks to raise new round, valuation may drop significantlyAug 21, 2023
- Udaan’s scale nears Rs 10,000 Cr in FY22, losses go past Rs 3,000 CrDec 2, 2022
- Udaan fires 300-350 employeesNov 4, 2022
- Udaan raises $120 Mn via convertible notes and debtOct 27, 2022
- B2B e-commerce platform Udaan lays off 180 employeesJun 27, 2022
- Udaan removes 1-year cliff on ESOPs; employees can vest every quarterFeb 16, 2022