Tag: udaan
udaan: Udaan logs lower net loss, flat operating revenue in FY24
Bengaluru-based business-to-business (B2B) ecommerce platform Udaan posted a nearly flat operating revenue growth at Rs 5,707 crore in FY24 – in a year when the…
Udaan FMCG biz head Vinay Shrivastava quits; fourth senior exit since Sept’23
The series of senior exits at B2B e-commerce major Udaan continues as its FMCG business head Vinay Shrivastava has put down his papers to pursue…
lightspeed: Lightspeed appoints Vivek Gambhir, Kevin Aluwi as venture partners for India, Southeast Asia
Venture capital firm, Lightspeed Venture Partners, which has backed the likes of ShareChat, Oyo, and Udaan, has appointed Vivek Gambhir and Kevin Aluwi as venture…
Udaan: Udaan CFO Aditya Pande resigns; firm announces senior-level changes
Business-to-business (B2B) ecommerce firm Udaan’s chief financial officer, Aditya Pande, is leaving after a three-year stint, the company said in a release on Monday. The…
udaan funding: Udaan valuation dives to $1.8 billion in down round
Business-to-business (B2B) ecommerce company Udaan’s valuation has fallen by nearly half to around $1.8 billion in a down round, marking one of the most precipitous…
Startups: More startups Swades-bound, map ‘reverse flip’
Payments firm Pine Labs, which is based in Singapore, plans to seek board approval this quarter to move its parent company to India, according to…
udaan ipo: Ecommerce startup Udaan to trim costs ahead of 2025 IPO
E-commerce startup Udaan is working to curb costs and forge new partnerships with consumer brands in India as it prepares to go public in 2025….
unicorns in india: India not for the fainthearted, but worth it: Lightspeed’s Bejul Somaia after Sequoia’s exit
India’s potential remains “incredibly compelling” with its sizeable market, high-quality founders and one-way adoption of technology, Bejul Somaia, partner at Lightspeed Venture Partners, said in…
dunzo funding: Dunzo secures funding via convertible notes, lays off 30% of staff
Reliance Retail-backed quick commerce startup Dunzo has secured funding of $75 million through convertible notes, said several people aware of the matter. It is also…
Project Vistaar: Udaan plans to expand FMCG reach six-fold to 10,000 small towns, villages
Riding on the opportunity in the cold beverages segment in rural areas, B2B e-commerce unicorn Udaan is planning to expand FMCG vertical reach six-fold to…