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UDAAN ACQUISITION
B2B ecommerce company Udaan reports 37% decline in FY25 net loss to Rs 1,055 croreUdaan 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 ...- Udaan buys ShopKirana; Paytm Money’s new CEOB2B platform Udaan has acquired retail tech startup ShopKirana. This and more in today’s ETtech Top 5.
- Udaan acquires retail tech startup ShopKirana for $88.5 million in stockUdaan has strategically acquired ShopKirana in an all-stock deal to bolster its eB2B presence before its IPO. This move will enhance Udaan'...
- udaan acquires retail-tech startup ShopKiranaudaan, an eB2B platform, has acquired retail-tech startup ShopKirana, bringing Info Edge on board as a shareholder. This acquisition aims t...
- EaseMyTrip to buy 49% in Big CharterEaseMyTrip has entered the charter aviation market by acquiring a 49% stake in FlyBig. This move aims to focus on high-margin charter servi...
- Wingify’s secret sauce; IndiaAI GPUs red flagsHappy Tuesday! How Wingify founder Paras Chopra charted his own entrepreneurial path from bootstrapping his company to its sale. This and m...
- CCI clears Alpha Alternatives Group stake purchase in Dilip BuildconThe transaction involves the acquisition of 9.99 per cent of the equity stake in DBL by way of subscription to warrants by Alpha Alternativ...
- Udaan's fundraise; VC-backed listed tech firms hit $50B market capBusiness-to-business (B2B) ecommerce firm Udaan has raised $340 million through conversion of its debt and fresh equity infusion. This and ...
- Late-stage startups tap alternative funding routes amid softening valuationsTo preserve their valuation, Udaan, PharmEasy shore up capital through debt instruments like convertible notes.
- 2022 Year in Review | Udaan, Ola and Oyo log most senior executive exits this yearAt least 50 top executives - ranging from C-suite to category and business heads - left Udaan in 2022, as the company grappled with funding...
- Reliance Retail to pick up Metro's India biz for ₹2,850 croreAs part of the deal, Reliance will get 31 large format stores in 21 cities as well as the realty portfolio that includes six store-occupied...
- Venture debt fund BlackSoil raises Rs 250 crore in fresh capitalThe funds raised will be invested in mid- and growth-stage startups through its debt products
- RIL, CP Group, Lightspeed in fray for Metro's India businessThe balance is tilted in favour of Reliance as of now since Metro wants a quick exit and does not want any regulatory hurdle which could co...
- Microsoft-owned GitHub appoints new CEO in Cloud-AI eraThomas Dohmke, currently chief product officer, will replace Nat Friedman from November 15, who will move into the role of chairman emeritu...
- Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market
- Exclusive Interviews: GGV's Managing Partner, TCS CEOIn the first of our two exclusive interviews today, Hans Tung, managing partner at GGV Capital, told us why he remains bullish on India des...
- Deal with itIn today's ETtech Morning Dispatch: Tata-BigBasket deal; Byju's may land new funds; and GreyOrange eyes US listing.
- Startups mop up $7 bn from PEs, VCs in 2018The report covers sectors such as travel and hospitality, edutech, payments and wallets, fintech and healthtech, among others, as part of t...
- E-commerce, consumer internet cos raised over $7 bn in PE/VC capital in 2018: EYOf all companies, startups like OYO, Swiggy, Byjus, PayTm Mall, Pine Labs, Zomato, Udaan, PolicyBazaar and CureFit have collectively raised...
- Amazon goes brick and mortar with project code-named UdaanAmazon, which is on its way to become India's top online marketplace, has launched a project code-named Udaan to go offline across the coun...
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