Udaan Stock
B2B Trade Platform
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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
Trustroot Internet
Footpath Ventures
Lightspeed India Partners
Citi Ventures
Udaan, DriveWealth, Square, Roofstock, C2FO, HoneyBook, Harness, Cart.com, Socure, Betterment
Altimeter Capital
Udaan, AppDynamics, Airbnb, Lacework, Snowflake, Vroom, Unity Technologies, 23andMe, Cerebras Systems, Deel
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
news - Feb, 5 2024
After Slowing Investment Pace, Lightspeed Ended 2023 On A High Notetimesofindia - Feb, 4 2024
Ex IndiGo & Udaan CFO Aditya Pande to be InterGlobe Enterprises’ CEO from March 1inc42 - Feb, 3 2024
Udaan Sees Another Top-Level Exit, CFO Aditya Pande Steps Downbusiness-standard - Jan, 22 2024
Udaan announces senior-level changes; Group CFO Aditya Pande resignsdealstreetasia - Jan, 20 2024
India Digest: Matrix Partners invests in InPrime Finserv; Udaan's valuation nearly halves