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

India’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards ...

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 honou...

Info Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-ye...

Blackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...

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 ...

The company said that this fresh capital will be deployed towards strengthening its footprint with a focus on categories such as fast-movin...

After 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 has been scaling down operations to cut its burn in a tightening liquidity market. The company has now refined its strategy, concentr...

Kiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, Vishnu Menon, head - corporate stra...

The funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a sta...

To achieve growth the company is ramping up its inventory and has partnered with beverage makers like Paper Boat, Rasna, Dabur, Redbull and...

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

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

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

According to media reports, Udaan did revenue of ₹65 crore and incurred a loss of ₹60 crore in FY18

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