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UDAAN RESTRUCTURING STRATEGY
Govt's AI deepfake diktat; Udaan narrows FY25 lossThe government directed social media firms to take down unlawful AI content within three hours of being notified. This and more in today's ...- 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.
- Exclusive: Unacademy founders Munjal, Saini set to exit, shift focus to AirLearnUnacademy cofounder Gaurav Munjal is stepping down as CEO, with Sumit Jain taking over amid a company reset and focus on AirLearn. Fellow c...
- Swiggy's IPO price band; Flipkart Internet’s FY24 reportFood and grocery delivery platform Swiggy has set the price band for its upcoming IPO. This and more in today's ETtech Top 5.
- Udaan eyes $100 million from UK’s M&G, others at flat valuationUdaan has been scaling down operations to cut its burn in a tightening liquidity market. The company has now refined its strategy, concentr...
- Acko’s $120 million secondary; Udaan in talks for new fundingHappy Wednesday! Acko is finalising a secondary share sale transaction valued at $100-120 million. This and more in today's ETtech Morning ...
- 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 CFO Aditya Pande resigns; firm announces senior-level changesKiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, Vishnu Menon, head - corporate stra...
- Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
- BharatPe sacks Jain; Myntra’s new mantraJain, who is the wife of BharatPe cofounder Ashneer Grover, had been in charge of finances at the company since October 2018.
- 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...
- Full text of FM Nirmala Sitharaman's Budget speech"In May 2019, Prime Minister Modi received a massive mandate to form the government again."
- Budget 2019 speech by FM Piyush Goyal: Full textTo promote entertainment industry - Single window clearance for ease of shooting films, available only to foreigners, is now going to be ma...
- Budget 2019: Read full text of Piyush Goyal's speech in ParliamentIn Budget speech, FM not only tried to woo the middle class, but also tried to address rural stress.
- 2014: A politically eventful year for IndiaThe states of Jharkahand, Maharashtra and Haryana witnessed a regime change and Jammu and Kashmir saw a hung Parliament in the recent elect...
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