Udaan raises $340 million in funding from UK’s M&G Prudential, othersThe funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a sta...
15 Dec, 2023, 07.40 AM IST
Byju’s plans a PE lesson for Aakash; inside Udaan’s fundingByju’s is talking to a few private equity firms to offload a controlling stake in Aakash Institute, one of the beleaguered edtech’s prime a...
20 Oct, 2023, 07.55 AM IST
Milkbasket cofounder's Sorted bags $5 million in seed raiseAccording to documents filed with MCA, Beenext, along with White Venture Capital and NB Ventures have participated in the ongoing round. Sn...
22 Mar, 2023, 12.17 PM IST
B2B FMCG wholesale startup ApnaKlub raises $16 million in fundingTrueScale Capital, ICMG Partners lead round. ApnaKlub will use the money to improve its technology and sell its services to more kirana sto...
12 Jan, 2023, 06.28 PM IST
Udaan, Jiomart led India's B2B e-commerce market to reach $100 bn by 2030It is further projected that the B2B general trade opportunity in India will reach $1.2 trillion by 2030, with eB2B coming up as a promisin...
31 Aug, 2022, 12.51 PM IST
Flipkart Group bagged 60% market share in Diwali festival sales: ReportAmazon India had a 32% share of the total gross sales (GMV) during the festive month in which ecommerce companies together posted around $9...
10 Dec, 2021, 06.00 AM IST
Udaan to take on Meesho, DealShare as it enters consumer-facing grocery businessUdaan, with its new platform Price Company, is entering the consumer-facing grocery business through the group-buying or community model, a...
25 Nov, 2021, 06.00 AM IST
Udaan names cofounder Vaibhav Gupta as CEO, eyes IPO in 18-24 monthsAmod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will contin...
10 Sep, 2021, 07.50 PM IST
Amul, Parle, others stop direct supply to B2B startup UdaanLast week, Udaan filed a complaint with the Competition Commission of India (CCI) against Parle Products, alleging that the company was "ab...
06 Sep, 2021, 06.41 AM IST
Exclusive Zomato IPO detailsIn today's ETtech Morning Dispatch: Exclusive details on Zomato IPO; One97 to file Paytm IPO papers next week; Udaan's business back to pre...
06 Jul, 2021, 10.52 AM IST
Udaan back to pre-second wave levels with GMV of $4-5 billionUdaan's recovery following the second wave this year has been quicker compared to how the business bounced back in 2020.
06 Jul, 2021, 06.00 AM IST
Udaan eyes 100% growth in FY22Udaan said it has invested over Rs 4,000 crore in the past 12-18 months across technology, supply chain, and other areas
15 Jun, 2021, 06.53 PM IST
Udaan bets big on lifestyle segment, adds one lakh businesses in 2020Sharing trends from the year, Udaan said the lifestyle segment saw sales of 10 million comfort wear products and slippers across 900 cities...
22 Feb, 2021, 08.51 AM IST
Udaan forged tie-ups with more than 2,500 brands in midst of CovidUdaan connects manufacturers and brands with small retailers across three categories - food (staples and fresh vegetables), non-food (elect...
04 Dec, 2020, 05.00 AM IST
Udaan valuation soars to $2.8 billion post $585 mn fundingON THE FAST LANE: Firm’s rise to Unicorn status makes a compelling case for SME digital disruption.
03 Oct, 2019, 04.13 PM IST
Udaan to raise $500 million, valuation may climb 2x to $2.2 billionRound may see new investors like Hillhouse, Altimeter along with existing backers.
29 Jul, 2019, 08.11 AM IST
Amazon India ahead of Flipkart, claims Amit AgarwalThe global ecommerce giant’s country head says, Amazon India grew 64% in 2017 and at over 50% in the first quarter of this year in terms of...
31 May, 2018, 08.48 AM IST