One week after raising $120 million, Indian B2B eCommerce firm Udaan is laying off at least 350 workers in a bid to reach profitability and boost efficiency. According to multiple published reports this weekend (Nov. 5-6), the layoffs will affect between 350 and 1,000 employees...
Indian B2B marketplace Udaan has reportedly raised $120 million and aims to go public in 12 to 18 months. This round brings the total amount of capital raised by Udaan to $350 million, Deal Street Asia reported Friday (Oct. 28), citing an internal memo by...
B2B FinTech and eCommerce company udaan announced that Microsoft has joined the company’s debt financing round, The Economic Times reported Monday (April 18). udaan is an up-and-coming Indian B2B platform that operates in a variety of industries, including electronics, home and kitchen, food and more....
Today in the connected economy, Netflix gets into gaming with its planned acquisition of Next Games, while delivery service Gopuff expands across France. Plus, a new acquisition lets Cars.com add a range of new services, and udaan — the largest B2B eCommerce platform in India...
December 14, 2023
Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and enhance partnerships with vendors, Bloomberg News reported Thursday (Dec. 14). The Series E round “fully funds our business plan,” said Vaibhav Gupta, Udaan CEO and co-founder and chief executive officer. “It […]
November 06, 2022
One week after raising $120 million, Indian B2B eCommerce firm Udaan is laying off at least 350 workers in a bid to reach profitability and boost efficiency. According to multiple...
October 28, 2022
Indian B2B marketplace Udaan has reportedly raised $120 million and aims to go public in 12 to 18 months. This round brings the total amount of capital raised by Udaan...
October 02, 2019
One of the largest B2B eCommerce platforms in India, Udaan, has raised $585 million in a Series D funding round. The company wants to help chemists, kirana (family-owned) stores and...
