Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startup ...More

Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to uncertain conditions. A social media post highlighted the importance of securing enough money for the next one or two years. India’s funding environment is experiencing a decline in deal volume but an increase in total funding amounts. The focus is shifting towards larger funding rounds amidst challenging market conditions. ...Less

The government will assess the “pros and cons” of allowing airport operators to own stakes in airlines an ...More

The government will assess the “pros and cons” of allowing airport operators to own stakes in airlines and adopt a balanced approach, Civil Aviation Minister K Rammohan Naidu said. He stressed the need for more airlines to meet rising travel demand, while noting that no decision has been taken on the proposal. Naidu also said India should aim for more than 350 airports and at least five airlines operating 100 aircraft each. ...Less

Bengaluru secured $4.4 billion in startup funding during the first nine months of 2026. Total startup fun ...More

Bengaluru secured $4.4 billion in startup funding during the first nine months of 2026. Total startup funding in India reached $10.3 billion despite a decline in funding rounds. Mumbai and Gurugram followed in funding, but with significantly less than Bengaluru. Delhi's funding dropped significantly, while Hyderabad saw a rise in its funding totals. The concentration of startup funding remains prominent in established cities across India. ...Less

Udaan is acquiring Swiggy-owned Lynk Logistics in a deal valuing the retail distribution firm at Rs 500 c ...More

Udaan is acquiring Swiggy-owned Lynk Logistics in a deal valuing the retail distribution firm at Rs 500 crore. Swiggy will receive a 2.8% stake in Udaan and invest Rs 75 crore for an additional 0.4% stake as part of the transaction. ...Less

Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5. ...More

Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5. ...Less

Happy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques an ...More

Happy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. This and more in today’s ETtech Morning Dispatch. ...Less

India’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwe ...More

India’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards repayment, Infra.Market refinancing borrowings and Udaan restructuring creditor claims after a bond default. The pressure reflects how fixed repayments can compete with expansion when cash remains tied up in inventory and receivables. ...Less

Late-stage deals accounted for 68.6% of the capital raised during the week, while early-stage rounds made ...More

Late-stage deals accounted for 68.6% of the capital raised during the week, while early-stage rounds made up 28.3%. Seed-stage companies comprised 3.2% of the funding. ...Less

Happy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech ...More

Happy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech Morning Dispatch. ...Less

A Delhi court has permanently stopped Sainus Pharmaceutical Private Limited from using the 'Udaan' tradem ...More

A Delhi court has permanently stopped Sainus Pharmaceutical Private Limited from using the 'Udaan' trademark. This ruling came after RSPL Health Private Limited filed a case alleging trademark infringement. RSPL Health, known for its 'Ghari' detergent brand, had registered its 'Udan' mark earlier. The court found Sainus Pharma's mark to be identical and deceptively similar to RSPL's registered trademark. ...Less

US tariff threats on Indian generic drugs face significant obstacles. These duties could increase America ...More

US tariff threats on Indian generic drugs face significant obstacles. These duties could increase American healthcare costs and potentially cause shortages. Indian firms operate on low margins, making tariff absorption difficult. Recent US manufacturing experiences offer little incentive for relocation. Targeted incentives offer a more direct approach to supply chain resilience. ...Less

The round, comprising a mix of primary and secondary capital, also saw participation from existing invest ...More

The round, comprising a mix of primary and secondary capital, also saw participation from existing investor Creaegis and angel investors, the speciality coffee chain said on Monday. The company did not disclose its valuation or the split between the primary capital and secondary share sales. ...Less

Former Udaan and Flipkart executive Pradeep Yadav has joined instant domestic help startup Snabbit as hea ...More

Former Udaan and Flipkart executive Pradeep Yadav has joined instant domestic help startup Snabbit as head of operations. He will lead operations, strengthen execution and build scalable systems as Snabbit expands into beauty services and home cooks. Yadav succeeds Vikas Choudhary, who will lead new business and innovation initiatives. ...Less

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). ...More

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honours, we are announcing the nominees for the Best on Campus and Comeback Kid categories for you today. ...Less

Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard ...More

Meesho is taking a different approach in the B2B grocery supply sector, where startups have found it hard to scale and incurred high cash burn, according to experts. ETtech explains the strategy behind this business model. ...Less

Info Edge reported a strong June quarter with a 43% net profit increase. Enterprise hiring and 99acres mo ...More

Info Edge reported a strong June quarter with a 43% net profit increase. Enterprise hiring and 99acres momentum significantly boosted core business performance. Recruitment services saw billings rise 17.5% and revenues climb 13%. 99acres narrowed its operating loss as paid listings and enquiries grew. ...Less

Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidate ...More

Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-year to Rs 490 crore. Recruitment billings grew 17.5%, while operating profit rose 25%. Nomura, Nuvama and Motilal Oswal retained their respective ratings, with Nomura and Nuvama maintaining Buy calls and raising target prices. ...Less

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical ...More

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offer new mobility for major congested cities. Sarla Aviation is developing a six-passenger eVTOL aircraft with seven electric motors. Affordability and safety are key for commercial viability, with localization reducing costs. These aircraft could significantly cut travel times and find uses in medical evacuations. ...Less

Adult rewatches of Bollywood films reveal deeper life lessons, explained entrepreneur Ankur Warikoo. Udaa ...More

Adult rewatches of Bollywood films reveal deeper life lessons, explained entrepreneur Ankur Warikoo. Udaan shows silence as emotional survival and dreams abandoned due to complacency. Wake Up Sid highlights the comfort of stagnation and personal maturity journeys. Piku offers a realistic portrayal of caregiving and filial love's taxing nature. These movies resonate differently as viewers gain life experiences. ...Less

The World Gold Council wants gold classified as a strategic mineral. This classification would streamline ...More

The World Gold Council wants gold classified as a strategic mineral. This classification would streamline mining approvals and reduce import dependence. Central banks are expected to continue buying gold amid global uncertainties. India's vast household gold holdings could be monetized to cut imports. Simplifying gold monetization frameworks will unlock significant domestic economic value. ...Less

Blackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The ...More

Blackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include upfront cash payouts, issuance of new bonds, conversion of debt to equity. ...Less

Indian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with ...More

Indian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Late-stage funding accounted for the majority of capital raised this week. July funding so far stands at about $650 million, compared with $1.91 billion in June. ...Less

Indian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million acro ...More

Indian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million across 82 investment rounds. Late-stage deals represented the majority of capital raised during the month. Key investors like Inflection Point Ventures and Rainmatter were actively involved. Funding activity slowed considerably in the final week of July. ...Less

India's gold market is poised for transformation driven by digitally savvy Gen Z consumers. This generati ...More

India's gold market is poised for transformation driven by digitally savvy Gen Z consumers. This generation views gold as a flexible financial asset, fueling interest in digital products. Mobilizing household gold holdings could deepen financial markets and strengthen capital formation. The gold jewellery market is also at an inflection point, requiring innovation and omnichannel experiences. Creating a National Gold Board and Innovation Centre will drive this modernization. ...Less

Actress Aditi Sharma has reportedly filed a domestic violence complaint against her husband and in-laws. ...More

Actress Aditi Sharma has reportedly filed a domestic violence complaint against her husband and in-laws. She alleges physical and mental harassment, assault, and verbal abuse by the family. Sharma claims her husband's behaviour changed after their wedding, leading to arguments. Her mother-in-law is accused of keeping her wedding jewellery, which was not returned. Read on! ...Less

Udaan CEO had told ET on February 16 that the company was planning to go public by May 2023. ...More

Udaan CEO had told ET on February 16 that the company was planning to go public by May 2023. ...Less

Around $45 million will come as debt from US asset management giant BlackRock's credit platform, while th ...More

Around $45 million will come as debt from US asset management giant BlackRock's credit platform, while the remainder involves certain bondholders converting their debt into equity in the Bengaluru-based company. ...Less

Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, a ...More

Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, people in the know said. The layoffs, the sources explained, were due to redundancies following a rejig of the business in September. ...Less

This is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce ...More

This is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce, in June. Back then as well, the company had laid off 700-800 off-roll employees. ...Less

The funding round also saw participation from existing investors such as Lightspeed Venture Partners and ...More

The funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a statement. ET had first reported on talks between the UK-based firm and Udaan on October 20. ...Less

InterGlobe Aviation announced a significant finance leadership change on Monday. Kiran Thadimarri will as ...More

InterGlobe Aviation announced a significant finance leadership change on Monday. Kiran Thadimarri will assume the Chief Financial Officer role starting July twenty-eighth. Current CFO Gaurav Negi transitions to Advisor to the Managing Director. Thadimarri brings over twenty-four years of extensive financial experience to his new position. The board approved this leadership transition during their recent meeting. ...Less

With this, Udaan has now raised a total of $225 million through convertible notes. ...More

With this, Udaan has now raised a total of $225 million through convertible notes. ...Less

The company said that the technology vertical would be split into separate ‘product’ and ‘engineering’ fu ...More

The company said that the technology vertical would be split into separate ‘product’ and ‘engineering’ functions. While Siddharth Reddy will lead the engineering team, Abhilash Pillai will head the product management function. ...Less

udaan focuses on sustainable growth and profitability, supported by strategic initiatives and operational ...More

udaan focuses on sustainable growth and profitability, supported by strategic initiatives and operational excellence in the eB2B market. ...Less

Udaan cut its net loss by 37% to Rs 1,055 crore in FY25, even as operating revenue fell 20% to Rs 4,561 c ...More

Udaan cut its net loss by 37% to Rs 1,055 crore in FY25, even as operating revenue fell 20% to Rs 4,561 crore, filings showed. The decline followed its exit from non-essential verticals such as lifestyle and home. The B2B ecommerce firm raised $114 million in June to focus on FMCG and HoReCa segments. ...Less

udaanCapital’s proprietary risk algorithms leverage alternate datasets such as transaction patterns and t ...More

udaanCapital’s proprietary risk algorithms leverage alternate datasets such as transaction patterns and trade invoices to pre-select borrowers, enhance lenders partner’s underwriting decisions and improve approval rates for borrowers by 35%. ...Less

Bengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It close ...More

Bengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It closed a $340 million financing last December by largely converting debt notes into equity. The round also included a fresh equity infusion. It did not disclose the valuation. ...Less

Sharing trends from the year, Udaan said the lifestyle segment saw sales of 10 million comfort wear produ ...More

Sharing trends from the year, Udaan said the lifestyle segment saw sales of 10 million comfort wear products and slippers across 900 cities during the year. ...Less

The capital will fuel expansion in the FMCG category and HoReCa segment, alongside private label initiati ...More

The capital will fuel expansion in the FMCG category and HoReCa segment, alongside private label initiatives. udaan aims for profitability, showcasing 60% Y-o-Y growth in CY 2024 and improved contribution margins. ...Less

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. T ...More

The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO). ...Less

With this exercise, udaan’s business is fully funded and on course to achieve its objective of becoming p ...More

With this exercise, udaan’s business is fully funded and on course to achieve its objective of becoming profitable in the next 12-18 months. ...Less

Udaan's FMCG business head, Vinay Shrivastava, has resigned amid a series of senior exits at the B2B e-co ...More

Udaan's FMCG business head, Vinay Shrivastava, has resigned amid a series of senior exits at the B2B e-commerce firm. Shrivastava, with nearly four years at Udaan, contributed to significant growth in market share and business. Udaan is restructuring its teams and business verticals, merging essentials with discretionary business. Shrivastava's departure follows the exits of the group CFO and other senior executives since September 2023. The company recently raised $340 million in Series E, but its valuation reportedly fell to around $1.8 billion in a down round. ...Less

Udaan, with its new platform Price Company, is entering the consumer-facing grocery business through the ...More

Udaan, with its new platform Price Company, is entering the consumer-facing grocery business through the group-buying or community model, a la Meesho and DealShare which are focusing on non-metro markets. ...Less

Creditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and ...More

Creditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5. ...Less

Udaan connects manufacturers and brands with small retailers across three categories - food (staples and ...More

Udaan connects manufacturers and brands with small retailers across three categories - food (staples and fresh vegetables), non-food (electronics and fashion), and pharmaceuticals. ...Less

Lightspeed Venture Partners-backed Udaan is among startups trying to tap the rapid growth of India’s econ ...More

Lightspeed Venture Partners-backed Udaan is among startups trying to tap the rapid growth of India’s economy and consumer market, while meeting investor demands for profitability. Udaan, which at its peak employed thousands, joined fellow Indian startups in slashing jobs last year and tightening internal controls and compliance. It now has about 1,800 staff, and Gupta didn’t specify if further job cuts are needed. ...Less

Udaan enables shopkeepers, kirana stores, restaurants, street vendors, chemists, offices, small factories ...More

Udaan enables shopkeepers, kirana stores, restaurants, street vendors, chemists, offices, small factories, contractors, to source from a large selection of high-quality products at the best prices with the convenience of ecommerce. ...Less

Last week, Udaan filed a complaint with the Competition Commission of India (CCI) against Parle Products, ...More

Last week, Udaan filed a complaint with the Competition Commission of India (CCI) against Parle Products, alleging that the company was "abusing its dominant position" by refusing to supply its products directly to the startup. ...Less

Udaan has been scaling down operations to cut its burn in a tightening liquidity market. The company has ...More

Udaan has been scaling down operations to cut its burn in a tightening liquidity market. The company has now refined its strategy, concentrating on select categories and adopting a market cluster approach. ...Less

This is in line with the evolution needed for udaan to become a publicly listed entity over the next 18-2 ...More

This is in line with the evolution needed for udaan to become a publicly listed entity over the next 18-24 months. ...Less

udaan has built inclusive tech tools for Bharat, specially catering to the needs of brands, sellers, reta ...More

udaan has built inclusive tech tools for Bharat, specially catering to the needs of brands, sellers, retailers & manufacturers providing them a level playing field to scale, trade and grow their business. ...Less

Insolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co ...More

Insolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as financials come under pressure. ...Less

Udaan has undertaken an ambitious project by the name of "Project Vistaar' to grow the FMCG business and ...More

Udaan has undertaken an ambitious project by the name of "Project Vistaar' to grow the FMCG business and tap rural opportunities. ...Less

Brands are leveraging Udaan's pan-India distribution network to reach out to over three million users wit ...More

Brands are leveraging Udaan's pan-India distribution network to reach out to over three million users with an everyday delivery cycle across 900 cities covering more than 12,000 pin codes. ...Less

With this round, the total funds raised by udaan through convertible notes and debt in the last four quar ...More

With this round, the total funds raised by udaan through convertible notes and debt in the last four quarters have crossed $350 million, making it one of the largest structured instrument fund raises in the country. ...Less

udaan, an eB2B platform, has acquired retail-tech startup ShopKirana, bringing Info Edge on board as a sh ...More

udaan, an eB2B platform, has acquired retail-tech startup ShopKirana, bringing Info Edge on board as a shareholder. This acquisition aims to strengthen udaan's leadership in Staples, FMCG, and HoReCa by integrating ShopKirana's retailer network and FMCG expertise. ...Less

Udaan has strategically acquired ShopKirana in an all-stock deal to bolster its eB2B presence before its ...More

Udaan has strategically acquired ShopKirana in an all-stock deal to bolster its eB2B presence before its IPO. This move will enhance Udaan's position in staples, FMCG, and HoReCa by integrating ShopKirana's network and expertise. The combined entity aims to improve efficiency, expand reach, and strengthen unit economics, with Info Edge becoming a shareholder. ...Less

The three Campa flavours on the Udaan platform will be available under multiple price points, including 2 ...More

The three Campa flavours on the Udaan platform will be available under multiple price points, including 200 ml, 500 ml and 2,000 ml family packs for in-home consumption, the statement said. “To create awareness about the availability of the Campa range, Udaan will work on various retailer promotions to drive expansion and increase the buyer base on the platform,” the retailer said. ...Less

The company said that this fresh capital will be deployed towards strengthening its footprint with a focu ...More

The company said that this fresh capital will be deployed towards strengthening its footprint with a focus on categories such as fast-moving consumer goods (FMCG), and hotel, restaurant and cafes. Udaan said it will also push its private label brands in the staples category. ...Less

For Udaan, which has said it intends to go public in the next 18-24 months, the move to pick up debt fina ...More

For Udaan, which has said it intends to go public in the next 18-24 months, the move to pick up debt financing through convertible notes comes across as being significant. These investors will have the option to flip their convertible notes into equity at a later stage, potentially before the IPO. ...Less

Udaan said it has invested over Rs 4,000 crore in the past 12-18 months across technology, supply chain, ...More

Udaan said it has invested over Rs 4,000 crore in the past 12-18 months across technology, supply chain, and other areas ...Less

Udaan's recovery following the second wave this year has been quicker compared to how the business bounce ...More

Udaan's recovery following the second wave this year has been quicker compared to how the business bounced back in 2020. ...Less

Udaan said it will use the fresh capital to expand its geographical footprint through its 'Micro-Market s ...More

Udaan said it will use the fresh capital to expand its geographical footprint through its 'Micro-Market strategy', optimise operations, enhance Go-to-Market (GTM) capabilities, streamline supply chain processes, and open new micro-fulfilment centres. ...Less

Shekhar Kapur's portrayal of Collector Sahib in the Doordarshan series Udaan left a significant mark. The ...More

Shekhar Kapur's portrayal of Collector Sahib in the Doordarshan series Udaan left a significant mark. The show's popularity turned Kapur into a national figure. Many women were inspired by the series to pursue careers in the IAS, IPS, and Foreign Service. This highlights television's power to shape aspirations in India. ...Less

Udaan’s latest funding comes close on the heels of $120 million raised through convertible notes and debt ...More

Udaan’s latest funding comes close on the heels of $120 million raised through convertible notes and debt from existing shareholders and bondholders in October. ...Less

Gupta said Udaan had also reported contribution margin ‘level 2’ of profitability — it includes the cost ...More

Gupta said Udaan had also reported contribution margin ‘level 2’ of profitability — it includes the cost of logistics and distribution — in the first quarter of last fiscal. It had achieved contribution margin ‘level 1’ in the last quarter of FY21, which included the cost of warehousing and manpower. Internally this is referred to as CM1. ...Less

Amazon, which is on its way to become India's top online marketplace, has launched a project code-named U ...More

Amazon, which is on its way to become India's top online marketplace, has launched a project code-named Udaan to go offline across the country. ...Less

Mumbai's Chhatrapati Shivaji Maharaj International Airport now offers affordable refreshments with the la ...More

Mumbai's Chhatrapati Shivaji Maharaj International Airport now offers affordable refreshments with the launch of the first Udaan Yatri Café. E-inaugurated by the Union Civil Aviation Minister, this initiative brings down the cost of tea to just ₹10 and snacks to ₹20, making airport amenities accessible to all passengers. ...Less

The pharma category on the udaan platform will provide independent pharmacies the access to Blackmores’s ...More

The pharma category on the udaan platform will provide independent pharmacies the access to Blackmores’s products through its distribution footprint connecting 25 cities. ...Less

Udaan scheme which was implemented by the National Skill Development Corporation aims at covering around ...More

Udaan scheme which was implemented by the National Skill Development Corporation aims at covering around 40,000 youth over five years, he said. ...Less

A minority stake in Udaan will give NR Narayana Murthy’s Catamaran Ventures a foothold in India’s B2B e-c ...More

A minority stake in Udaan will give NR Narayana Murthy’s Catamaran Ventures a foothold in India’s B2B e-commerce space dominated by IndiaMart, JioMart, Amazon Business and Flipkart. It is currently a majority shareholder in Cloudtail, the biggest seller on Amazon India. ...Less

According to data shared by the fintech firm UdaanCapital, it collects over Rs 140 crore from more than 5 ...More

According to data shared by the fintech firm UdaanCapital, it collects over Rs 140 crore from more than 55,000 kirana stores across 200 cities every month. ...Less

Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO ...More

Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will continue to shape strategic roadmap and investment decisions as active board members. ...Less

The 56th Idea Filmfare Awards saw 'Udaan' making a clean sweep taking home 7 Filmfare Awards including Be ...More

The 56th Idea Filmfare Awards saw 'Udaan' making a clean sweep taking home 7 Filmfare Awards including Best Supporting Actor (Male), Best Film (Critics) and Best Story. ...Less

The pharmacies opting for ‘4X4-hour delivery service’ will also enjoy benefits of up to a 30-day credit p ...More

The pharmacies opting for ‘4X4-hour delivery service’ will also enjoy benefits of up to a 30-day credit period along with attractive offers on the total order value on items available on the platform. ...Less

Udaan has invested more than Rs 4000 crores in the past 12-18 months across different pillars of business ...More

Udaan has invested more than Rs 4000 crores in the past 12-18 months across different pillars of business to accelerate and strengthen capabilities to serve its customers better. ...Less

Udaan also announced that it will issue employee stock options (Esop) to every employee and made a key ch ...More

Udaan also announced that it will issue employee stock options (Esop) to every employee and made a key change in its policy under which they can now vest stocks every quarter, instead of waiting for a minimum of one year. ...Less

To preserve their valuation, Udaan, PharmEasy shore up capital through debt instruments like convertible ...More

To preserve their valuation, Udaan, PharmEasy shore up capital through debt instruments like convertible notes. ...Less

To achieve growth the company is ramping up its inventory and has partnered with beverage makers like Pap ...More

To achieve growth the company is ramping up its inventory and has partnered with beverage makers like Paper Boat, Rasna, Dabur, Redbull and Coca. It aims to cater to lakhs kirana retailers this season through its extensive distribution reach covering over 1200 cities. ...Less

Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5 ...More

Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5. ...Less

Kiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, V ...More

Kiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, Vishnu Menon, head - corporate strategy & investor relations, has been given additional charge of business finance. ...Less

Udaan joins a slew of companies such as Cred, Swiggy, Razorpay, Acko, Zerodha and Browserstack that have ...More

Udaan joins a slew of companies such as Cred, Swiggy, Razorpay, Acko, Zerodha and Browserstack that have announced Esop buybacks in the past six months ...Less

Udaan has raised $280 million in a follow-on funding round from a clutch of new and existing investors at ...More

Udaan has raised $280 million in a follow-on funding round from a clutch of new and existing investors at an estimated valuation of $3.1 billion. ...Less

The one year ‘cliff’ period is a widely prevalent industry practice that requires employees to wait for o ...More

The one year ‘cliff’ period is a widely prevalent industry practice that requires employees to wait for one year for their ESOPs to start vesting. ...Less

The company currently facilitates disbursal of over Rs 8000 crore of credit per annum to over 1.5 lakh ki ...More

The company currently facilitates disbursal of over Rs 8000 crore of credit per annum to over 1.5 lakh kiranas/small businesses across the country. T ...Less

CEO Vaibhav Gupta stated that an additional $25 million could be expected in the upcoming quarter. The in ...More

CEO Vaibhav Gupta stated that an additional $25 million could be expected in the upcoming quarter. The investment comes as the Bengaluru-based B2B ecommerce firm works to stabilise its operations, at a time when several B2B ecommerce startups are going public. ...Less

Project Vistaar aims to empower small retailers and kirana store owners by providing them access to a wid ...More

Project Vistaar aims to empower small retailers and kirana store owners by providing them access to a wide variety of food and fast-moving consumer goods (FMCG) products. ...Less

A company spokesperson confirmed the development to ET without disclosing the number of employees it had ...More

A company spokesperson confirmed the development to ET without disclosing the number of employees it had fired. ...Less

This is one of the biggest funding rounds at an early stage in the Indian startup ecosystem. ...More

This is one of the biggest funding rounds at an early stage in the Indian startup ecosystem. ...Less

Round may see new investors like Hillhouse, Altimeter along with existing backers. ...More

Round may see new investors like Hillhouse, Altimeter along with existing backers. ...Less

Udaan set to take off with a fresh tranche of funds from Trustroot, even as HealthKart gets fresh funding ...More

Udaan set to take off with a fresh tranche of funds from Trustroot, even as HealthKart gets fresh funding. ...Less

During the pilot, two variants of drones were successfully tested - Medcopter X4 and Medcopter X8 - with ...More

During the pilot, two variants of drones were successfully tested - Medcopter X4 and Medcopter X8 - with simulated deliveries to udaan customers. ...Less

Kodak and Treeview range of televisions will be available under the electronics category on the udaan pla ...More

Kodak and Treeview range of televisions will be available under the electronics category on the udaan platform to electronics and large appliances retailers across 100 cities in East and North-East India. ...Less

The initiative aims to boost dealer incomes and improve nutrition. Initially, 60 shops across four states ...More

The initiative aims to boost dealer incomes and improve nutrition. Initially, 60 shops across four states are involved, with the potential to expand to 1.3 lakh shops upon successful validation. ...Less

The Lightspeed India-backed startup is likely to see a significant drop in its valuation, to under $2 bil ...More

The Lightspeed India-backed startup is likely to see a significant drop in its valuation, to under $2 billion during the new financing round compared with its last peak valuation of $3.2 billion, said people aware of the contours of the deal being discussed. ...Less

In the last one year, the FMCG category, in particular, has surged, achieving an impressive two-fold incr ...More

In the last one year, the FMCG category, in particular, has surged, achieving an impressive two-fold increase in size. ...Less

To cater to the growing demand, udaan plans to scale its warehouse capacity to 50 million square feet acr ...More

To cater to the growing demand, udaan plans to scale its warehouse capacity to 50 million square feet across the country in the next 8 years. ...Less

· The platform caters to the working capital supply chain financing requirements of last mile distributor ...More

· The platform caters to the working capital supply chain financing requirements of last mile distributors and retailers of emerging and established brands. ...Less

B2B platform Udaan has acquired retail tech startup ShopKirana. This and more in today’s ETtech Top 5. ...More

B2B platform Udaan has acquired retail tech startup ShopKirana. This and more in today’s ETtech Top 5. ...Less