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UDAAN IPO
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...13 May, 2026, 09.17 AM IST- UPI’s Bharat push; Udaan preps reverse flipHappy Wednesday! NPCI is turning its attention to smaller states and the northeast, hoping to spark the next wave of UPI growth. This and m...18 Mar, 2026, 07.35 AM IST
- 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...18 Jul, 2025, 11.26 AM IST
- Promoter tag for Prosus in Swiggy IPO; SaaS play for revenue-linked financiersSwiggy's largest investor Prosus is likely to be tagged a promoter in the company as plans for trimming stake ahead of an IPO haven’t mater...23 Jan, 2024, 09.24 AM IST
- 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...16 Jan, 2024, 08.03 AM IST
- More startups India-bound, map ‘reverse flip’Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other ...02 Jan, 2024, 10.16 AM IST
- Udaan raises $340 million in funding from UK’s M&G Prudential, othersThe funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a sta...15 Dec, 2023, 07.40 AM IST
- Ecommerce startup Udaan to trim costs ahead of 2025 IPOLightspeed Venture Partners-backed Udaan is among startups trying to tap the rapid growth of India’s economy and consumer market, while mee...06 Nov, 2023, 10.40 AM IST
- Late-stage startups tap alternative funding routes amid softening valuationsTo preserve their valuation, Udaan, PharmEasy shore up capital through debt instruments like convertible notes.05 Jan, 2023, 09.23 PM IST
- 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 ...04 Nov, 2022, 03.22 PM IST
- 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 2023.27 Oct, 2022, 09.16 PM IST
- Updates from Elon Musk-Twitter saga; Udaan takes convertible notes route to raise $120 millionElon Musk now calls himself ‘Chief Twit’ on Twitter. On Wednesday, the Tesla and SpaceX boss sauntered into the microblogging platform’s Sa...27 Oct, 2022, 08.33 PM IST
- Microsoft joins Udaan’s debt funding roundWith this, Udaan has now raised a total of $225 million through convertible notes.18 Apr, 2022, 02.06 PM IST
- India needs new digital law, says MoS; Udaan IPO by next MayIndia’s 22-year-old Information Technology Act is now dated, and the country needs a “new digital law” that takes into account things like ...17 Feb, 2022, 02.58 PM IST
- 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...16 Feb, 2022, 07.06 PM IST
- Udaan closes $200 million debt financing through convertible notesFor Udaan, which has said it intends to go public in the next 18-24 months, the move to pick up debt financing through convertible notes co...05 Jan, 2022, 10.05 PM IST
- Udaan names cofounder Vaibhav Gupta as CEO, eyes IPO in 18-24 monthsAmod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will contin...10 Sep, 2021, 07.50 PM IST
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