Udaan

company

About

Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
₹500M
Industries
B2B,E-Commerce,Internet,Retail
Founded date
Jan 1, 2016
Number Of Employee
5001 - 10000
Operating Status
Active
Legal Name
Hiveloop Technology Private Limited

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 users to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers and 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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
14
₹14.09B $1.44B
Udaan has raised a total of ₹14.09B $1.44B in funding over 2 rounds. Their latest funding was raised on Nov 25, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 25, 2022 Debt Financing 1 EvolutionX Detail
Nov 24, 2022 Convertable Note $35M 1 EvolutionX Detail
Oct 27, 2022 Convertable Note ₹9.60B Detail
Jan 5, 2022 Convertable Note $225M 4 Detail
Jan 5, 2022 Debt Financing $50M 4 Detail

Investments

Number of Investments
Number of Lead Investments
3
1
Udaan has made 3 investments. Their most recent investment was on Nov 15, 2021, when Petpooja raised $4.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 15, 2021 Petpooja
Series B $4.50M Food and Beverage
Sep 9, 2021 OckyPocky
Seed E-Learning
Feb 10, 2020 Petpooja
Series A ₹140M Food and Beverage Yes

Employee Profiles

Number of Employee Profiles
16
Udaan has 16 current employee profiles, including Executive Sujeet Kumar
Executive
Board member
Board member
Executive
Board member