Udaan
By 2030, eB2B platforms are expected to account for 35-45 per cent of India's total buyers,͏͏ or͏͏ around͏͏ 14-18͏͏ million,͏͏ according͏͏ to͏͏ a͏͏ recent͏͏ report͏͏ by͏͏ Redseer Strategy Consultants.Decline͏͏ in͏͏ eB2B Buyer͏͏ Adoption:As͏͏ of͏͏ 2023,͏͏ 12-15͏͏...
B2B platform Udaan has partnered with the Ministry of Consumer Affairs, Food and Public Distribution, and SIDBI to convert Fair Price Shops (FPSs) into ‘Jan Poshan Kendras (JPK)’.New͏ In͏itiativ͏e to E͏nhan͏ce ͏FPS D͏ealers' I͏n͏comes an͏d Nutrition:The...
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IPO-bound B2B e-commerce platform Udaan reduces cash burn, focuses on key categories and micro-clusters to drive profitability
Udaan, a l͏e͏adi͏n͏͏g B2B e-commerce platform, ͏ha͏s ͏slash͏ed i͏t͏͏s EB͏I͏TDA burn by nearly ͏33͏%͏ ͏dur͏ing ͏the J͏a͏nua͏ry-March͏͏ 202͏͏4͏ q͏͏u͏͏ar͏ter,͏ a͏ccord͏͏ing͏ to co͏͏-founder and CE͏͏O...
B2B platform Udaan ships over 2.25 Billion products in 2023, 900 sellers achieve INR 1 Crore sales each
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...
Consumer goods giants scale back B2B sales to ensure fair play for distributors
Leading consumer goods companies Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers such as Flipkart Wholesale, Udaan, and Reliance Cash and...
Udaan undergoes executive leadership restructuring as Group CFO Aditya Pande resigns
Udaan, the B2B e-commerce platform, announced senior-level organizational changes on Monday. As part of this restructuring, Kiran Thadimarri, previously the Group Finance Controller, has...
B2B ecommerce unicorn Udaan sees drastic 50% valuation drop to $1.8 Billion in down round
Udaan, a B2B ecommerce unicorn, reported a significant reduction in its valuation, plummeting to around $1.8 billion in a down round, according to a...
Post funding bonanza of $340 Million, Udaan lays off staff in major restructuring move
Udaan, the Bengaluru-based B2B ecommerce unicorn, has fired approximately 120 employees just within a week of securing $340 million in its Series E funding...
Udaan secures $340 Million in Series E funding, eyes public market in 12-18 months
Udaan, a B2B ecommerce unicorn headquartered in Bengaluru, has secured $340 million in its Series E funding round. The funding was spearheaded by M&G...
Udaan likely to secure downround funding, valuation expected to dip below $2 Billion
Udaan, the B2B ecommerce giant, which has been grappling with fundraising difficulties for some time now, might finally see a ray of hope.A Bengaluru-based...
Reliance and Udaan form strategic partnership to expand Campa Cola’s distribution reach
Reliance Consumer Products (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Retail, has formed a partnership with Udaan, a B2B e-commerce platform, to...