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Udaan
Udaan is disrupting offline distribution with its unique B2B model by bringing the benefits of online commerce to manufacturers, traders, suppliers, and wholesalers in smaller towns, and is India’s fastest growing unicorn.
Basic Information
Udaan, the start-up that doesn't have a CEO, is disrupting offline distribution with its unique B2B model. Started in 2016 by former Flipsters, it brings the benefits of online commerce to manufacturers, traders, suppliers, and wholesalers in smaller towns, and is India’s fastest growing unicorn. Focussing on specifically the small and medium businesses in India it brings traders, wholesalers, retailers and manufacturers in India on to a single platform. With real insights into active trends, and great B2B features, Udaan brings to them the power of technology to scale and nurture their business. Udaan is disrupting offline distribution with its unique B2B model by bringing the benefits of online commerce to manufacturers, traders, suppliers, and wholesalers in smaller towns, and is India’s fastest growing unicorn.
Legal Name
:
Hiveloop Technology Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2B  
Founding Date
:
Jun 2016
No. of Employees
:
1000+
Core Team
:
1.  
Amod Malviya
Co-Founder & Engineer
2.  
Vaibhav Gupta
Co-Founder
3.  
Sujeet Kumar
Co-Founder
4.  
Adarsh Raidurg
Head of Operations

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Funding
Investors
:
1.  
Altimeter Capital
2.  
Trustroot Internet
3.  
Tencent Holdings
4.  
Lightspeed India Partners

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5

$10M

Series Name
:
SERIES-A
Date
:
Nov 2016
Investors
:
1.  
Lightspeed Venture Partners