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
India venture debt deployment grows marginally in 2025 to $1.3 billion: ReportVenture debt in India reached $1.3 billion in 2025. Deal numbers decreased, indicating slower startup funding. Venture capital investments ...
08 Apr, 2026, 05.07 PM 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
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 ...
10 Feb, 2026, 01.29 PM IST
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'...
18 Jul, 2025, 07.28 PM IST
Udaan closes latest funding round at $114 million led by UK’s M&G, LightspeedThe company said that this fresh capital will be deployed towards strengthening its footprint with a focus on categories such as fast-movin...
02 Jun, 2025, 01.28 PM IST
Udaan raises $75 million from UK’s M&G, Lightspeed at flat valuationCEO Vaibhav Gupta stated that an additional $25 million could be expected in the upcoming quarter. The investment comes as the Bengaluru-ba...
17 Feb, 2025, 06.34 PM IST
Udaan logs lower net loss, flat operating revenue in FY24After 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 ...
05 Nov, 2024, 07.07 PM IST
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...
22 Jan, 2024, 07.25 PM 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
Udaan lays off over 100 employees shortly after $340 million fundraiseMost of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, peopl...
18 Dec, 2023, 06.41 PM 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
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...
04 Sep, 2023, 06.39 PM IST
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...
10 Jun, 2022, 10.55 AM IST
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...
22 Feb, 2021, 08.51 AM IST
IndiaMART stock likely to see rerating after Udaan fundraiseAccording to media reports, Udaan did revenue of ₹65 crore and incurred a loss of ₹60 crore in FY18
08 Oct, 2019, 10.51 AM IST
Udaan to raise $500 million, valuation may climb 2x to $2.2 billionRound may see new investors like Hillhouse, Altimeter along with existing backers.
29 Jul, 2019, 08.11 AM IST