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Udaan Stock
B2B Trade Platform
About Udaan Stock
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce. Udaan chat feature allows you to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers & sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs. Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
Investors
Altimeter Capital
Udaan, AppDynamics, Airbnb, Lacework, Snowflake, Vroom, Unity Technologies, 23andMe, Cerebras Systems, Deel
Citi Ventures
Udaan, DriveWealth, Square, Roofstock, C2FO, HoneyBook, Cart.com, Harness, Socure, Betterment
Footpath Ventures
Lightspeed India Partners
Trustroot Internet
Funding History
November 2016 | $10.0M |
---|---|
February 2018 | $3.2B |
September 2018 | $225M |
October 2019 | $585M |
March 2020 | $30.0M |
Management
Co- Founder
Sujeet Kumar
Co- Founder
Vaibhav Gupta
Co- Founder
Shradha Sharma
Press
tech - Jul, 6 2020
yourstory - Jun, 18 2020
entrackr - Jun, 11 2020
entrackr - Apr, 25 2020
TechCrunch - Mar, 26 2020
entrackr - Mar, 23 2020
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Some data provided by Crunchbase