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UDAAN BUSINESS
West Bengal Budget 2026: Govt allocates Rs 36,000 crore for Annapurna Yojna; hikes DA by 20%West Bengal's new BJP government unveiled its first budget, prioritizing welfare and employment. Finance Minister Swapan Dasgupta announced...- B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, othersB2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company ai...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
- Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
- Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
- 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 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.
- 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 valuation dives to $1.8 billion in down roundBengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It closed a $340 million financing last De...
- 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 plans to expand FMCG reach six-fold to 10,000 small towns, villagesUdaan has undertaken an ambitious project by the name of "Project Vistaar' to grow the FMCG business and tap rural opportunities.
- 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.
- Udaan starts multiple deliveries per day for pharmacies in six citiesThe 4X4 delivery service' has been rolled out after a pilot programme and receiving extensive feedback from pharmacies in select cities, wh...
- 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...
- 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...
- udaan eyes strong sales in cold beverage segmentTo achieve growth the company is ramping up its inventory and has partnered with beverage makers like Paper Boat, Rasna, Dabur, Redbull and...
- UdaanCapital enables credit of over Rs 1,600 crore to kiranas in a yearAccording to data shared by the fintech firm UdaanCapital, it collects over Rs 140 crore from more than 55,000 kirana stores across 200 cit...
- Udaan eyes 100% growth in FY22Udaan said it has invested over Rs 4,000 crore in the past 12-18 months across technology, supply chain, and other areas
- Udaan bets big on lifestyle segment, adds one lakh businesses in 2020Sharing trends from the year, Udaan said the lifestyle segment saw sales of 10 million comfort wear products and slippers across 900 cities...
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