Udaan : Company Profile, Founders, Key Products/Services & More

Udaan

Udaan focuses on empowering small and medium businesses in the wholesale sector.

About Udaan

Udaan, founded in 2016 and based in Bangalore, is a vibrant B2B e-commerce platform that connects manufacturers, wholesalers, and retailers. By leveraging technology, Udaan simplifies the supply chain across various sectors like electronics, apparel, and FMCG, making it easier for small and medium businesses to thrive and grow.

Udaan Owner:

Udaan is privately owned by its founders and backed by various investors.

Udaan Subsidiaries:

Hiveloop Technology Private Limited
Hiveloop Logistics Private Limited

Interesting Facts:

Udaan became a unicorn (valued at over $1 billion) within 26 months of its inception, making it one of the fastest startups in India to achieve this milestone.
The platform has over 3 million users and connects more than 25,000 sellers with over 3 million retailers across India.
Udaan's logistics network covers over 900 cities across India, ensuring timely delivery of goods.

Latest News:

Udaan recently secured a new round of funding to bolster its supply chain and expand its reach across more Indian cities.
The company is focusing on enhancing its tech capabilities to provide better analytics and insights for its users.
Udaan has launched several initiatives to support small businesses during the challenging economic climate, including flexible payment options and credit facilities.

Year of Inception in India: 2016
Share Price Value: As of January 2024, Udaan's valuation is approximately $1.75 billion following its Series E funding round. Udaan is not publicly traded, so it does not have a traditional share price.
Founder: Amod Malviya, Sujeet Kumar, Apoorva Gupta
No. of Udaan Store Outlet in India : Udaan operates as an online B2B marketplace and does not have traditional retail outlets.
Year of Establishment: 2016
Is the Udaan Listed? No
Website Address: https://udaan.com/
Does the Udaan Provides Franchise? No
Country of Origin: India

Products/Services

B2B online marketplace: Connecting manufacturers, wholesalers, and retailers across India. Wide range of products: Including apparel, electronics, home & kitchen, FMCG, fruits & vegetables, pharma, toys, and general merchandise. Supply chain and logistics operations: Enabling daily delivery across 900+ cities and 12,000+ pin codes. Financial products and trade credit services: Providing credit facilities to small businesses, manufacturers, and retailers. Tech-driven platform: Offering features like order tracking, inventory management, and data analytics.