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UDAANCAPITAL
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...- EV startup Vidyut raises USD 10 million from 3one4 Capital, othersThe company said it aims to double the headcount by the end of next fiscal as it prepares to build a full-stack EV ecosystem and that it wi...
- 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...
- udaanCapital disburses INR 4000+ crores in supply chain financing to 2,500+ MSMEs· The platform caters to the working capital supply chain financing requirements of last mile distributors and retailers of emerging and es...
- 2022 Year in Review | Udaan, Ola and Oyo log most senior executive exits this yearAt least 50 top executives - ranging from C-suite to category and business heads - left Udaan in 2022, as the company grappled with funding...
- 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...
- 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...
- udaanCapital partners with Northern Arc Capital to facilitate disbursal of credit to over 50,000 kiranas on their platformThe company currently facilitates disbursal of over Rs 8000 crore of credit per annum to over 1.5 lakh kiranas/small businesses across the ...
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