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UDAAN OPERATIONAL EFFICIENCY
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...
- Udaan logs lower net loss, flat operating revenue in FY24After two rounds of layoffs in 2023, the ecommerce platform had 1,500 employees on its roll at the beginning of 2024, compared to the peak ...
- udaan raises nearly Rs 300 crore debt from funds including Lighthouse Canton, Stride Ventures, InnoVen Capital and Trifecta Capitaudaan focuses on sustainable growth and profitability, supported by strategic initiatives and operational excellence in the eB2B market.
- Redseer study highlights digital transformation of India's B2B kirana marketKirana stores, especially in remote and rural regions, are increasingly turning to eB2B platforms for better procurement management, access...
- Udaan FMCG biz head Vinay Shrivastava quits; fourth senior exit since Sept’23Udaan's FMCG business head, Vinay Shrivastava, has resigned amid a series of senior exits at the B2B e-commerce firm. Shrivastava, with nea...
- udaan announces $340 million series E financingWith this exercise, udaan’s business is fully funded and on course to achieve its objective of becoming profitable in the next 12-18 months.
- udaan expands rural network coverage in Uttar Pradesh under ‘Project Vistaar’Project Vistaar aims to empower small retailers and kirana store owners by providing them access to a wide variety of food and fast-moving ...
- DBS, Temasek-backed EvolutionX to invest in udaanThe fund seeks to accelerate the digitisation of Asia’s economy by investing into next generation technology leaders and empowering them to...
- Udaan raises $120 million through convertible notes, IPO delayedUdaan CEO had told ET on February 16 that the company was planning to go public by May 2023.
- Lightspeed-backed udaan raises $120 millionWith this round, the total funds raised by udaan through convertible notes and debt in the last four quarters have crossed $350 million, ma...
- udaan announces ‘4X4 delivery service’ for pharmaciesThe pharmacies opting for ‘4X4-hour delivery service’ will also enjoy benefits of up to a 30-day credit period along with attractive offers...
- Kodak, Treeview announce distribution partnership for televisionsKodak and Treeview range of televisions will be available under the electronics category on the udaan platform to electronics and large app...
- Euler Motors bags order for 2,500 units from e-commerce players"The companies will deploy Euler Motors' EV (electric vehicles) across Delhi-NCR, Bengaluru, Hyderabad and Chennai to transform and strengt...
- Udaan inks pan-India distribution partnership with HummelBrands are leveraging Udaan's pan-India distribution network to reach out to over three million users with an everyday delivery cycle acros...
- Udaan sees a big take-off from small citiesThe comeback is also in part due to the collapse of offline B2B retail channels in the country, hurt by travel and access restrictions due ...
- Former Flipkart execs' startup Udaan raises $10 million from LightspeedUdaan has hired a team of over 20 people, half of whom have been picked from Flipkart to form a core team who are initially focusing on pro...
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