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B2B platform Udaan ships over 2.25 Billion products in 2023, 900 sellers achieve INR 1 Crore sales each

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Udaan, a leading B2B e-commerce platform, shipped over 2.25 billion products across India in 2023. Additionally, 900 sellers on the platform achieved sales worth INR 1 crore each.

Udaan stated that the platform facilitated the sale of 31 million electronics products, nearly 30 million products each in the lifestyle and general merchandise categories, 10 lakh tonnes of essentials, and 2 lakh tonnes of FMCG (fast-moving consumer goods) products.

The company said, “Over 2.25 billion products catering to over 23 million orders were shipped by the platform in 2023. These orders were shipped across all states of Bharat. During this period, 900 sellers on the platform achieved sales worth INR 1 crore each, while close to 600 sellers did business worth INR 2 crores on the platform.”

Continue Exploring: Udaan secures $340 Million in Series E funding, eyes public market in 12-18 months

“Udaan encourages digitisation of payments among small retailers and kiranas. In 2023, 22 per cent of retailers on the udaan platform adopted digital payment methods,” it said.

Vaibhav Gupta, co-founder and CEO of udaan, said that the large volume of orders and higher repeat purchase rate highlights the preference udaan enjoys among its retailer partners.

“Encouraged by our solid performance, we will continue to work towards strengthening our market position and capitalise on the huge $150 billion opportunity that the Indian electronic B2B market offers,” Gupta said.

Continue Exploring: Udaan undergoes executive leadership restructuring as Group CFO Aditya Pande resigns

SnackTeam
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