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UDAAN TECH
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...
- udaan secures $114 million in Series G funding led by M&G Investments and LightspeedThe capital will fuel expansion in the FMCG category and HoReCa segment, alongside private label initiatives. udaan aims for profitability,...
- ETtech Deals Digest: Startup funding rises to $511.47 million on Udaan boostThe latest week saw about 84% of the total capital being deployed in growth- and late-stage startups. Besides Udaan, it included the likes ...
- 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 CTO Gaurav Bhalotia to exit as B2B startup rejigs units, rolesThe company said that the technology vertical would be split into separate ‘product’ and ‘engineering’ functions. While Siddharth Reddy wil...
- udaan announces organisational changes in business and tech verticalsWhile the Essentials business will be integrated with the Discretionary business, the product and engineering will branch out as separate f...
- Udaan product shipment jumps six-fold to 1.7 billion in 2022The Lightspeed Venture and Microsoft-backed unicorn had shipped 260 million products, catering to over 22 million orders, and driven by dem...
- ETtech Deals Digest: Amid 'Tech Winter', dry funding taps, startups set to face turmoilHere is a look at all the startups that raised money in funding this week.
- Udaan fires over 1,000 employees in second round of layoffsThis is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce, in June. Back then as well, the ...
- 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...
- udaanCapital enables credit of Rs 2200 crore to over one lakh retailersudaanCapital’s proprietary risk algorithms leverage alternate datasets such as transaction patterns and trade invoices to pre-select borrow...
- Over 150 FMCG brands joined udaan platform in last six monthsudaan has built inclusive tech tools for Bharat, specially catering to the needs of brands, sellers, retailers & manufacturers providing th...
- 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...
- Udaan to go public by May 2023, announces new Esop plansUdaan also announced that it will issue employee stock options (Esop) to every employee and made a key change in its policy under which the...
- Kirana grocery retail stores see record adoption of tech, led by Udaan, SnapBizzIndia has an estimated 12 million-plus neighbourhood stores and despite double-digit growth in online grocery, offline still contributes mo...
- 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...
- Taking tech to Bharat needs inclusive tools: Amod Malviya, Co-founder, UdaanMore than 100 million formal and informal jobs are generated by the Ministry of Micro, Small and Medium Enterprises (MSMEs) and trade busin...
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