Udaan | YourStory

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.

E-Commerce, Marketplace

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

See More

Funding

Investors

:

1.

Altimeter Capital

2.

Trustroot Internet

3.

Tencent Holdings

4.

Lightspeed India Partners

See More

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

Features

Udaan founders biggest wealth gainers on Hurun India Rich List; BYJU'S, Zerodha boom

Udaan's Sujeet Kumar joins edtech platform Unacademy’s Board of Directors

Lifeline Udan: How Ministry of Civil Aviation is delivering essentials to India's remote areas amidst COVID-19

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Features

Udaan founders biggest wealth gainers on Hurun India Rich List; BYJU'S, Zerodha boom

Udaan's Sujeet Kumar joins edtech platform Unacademy’s Board of Directors

Lifeline Udan: How Ministry of Civil Aviation is delivering essentials to India's remote areas amidst COVID-19

E-Commerce

Qua

Qua is a premium contemporary brand that designs smart and functional workwear for women of modern India.

Small Bag Delivery

Small Bag Delivery is the smartest same day delivery solution.

Vismaya

Vismaya is building custom e-commerce solutions for small businesses that want to reach their customers online.

Marketplace

HobbyCue

Hobbycue is a platform for exploring your hobby or passion.

Canopi

Canopi India Private Ltd is on a mission to help MSMEs get loans on their invoices.

Upwork.com

Upwork is the leading online talent solution empowering businesses with more flexible access to quality talent.

Features

Udaan founders biggest wealth gainers on Hurun India Rich List; BYJU'S, Zerodha boom

Udaan's Sujeet Kumar joins edtech platform Unacademy’s Board of Directors

Lifeline Udan: How Ministry of Civil Aviation is delivering essentials to India's remote areas amidst COVID-19

E-Commerce

Qua

Qua is a premium contemporary brand that designs smart and functional workwear for women of modern India.

Small Bag Delivery

Small Bag Delivery is the smartest same day delivery solution.

Vismaya

Vismaya is building custom e-commerce solutions for small businesses that want to reach their customers online.

Marketplace

HobbyCue

Hobbycue is a platform for exploring your hobby or passion.

Canopi

Canopi India Private Ltd is on a mission to help MSMEs get loans on their invoices.

Upwork.com

Upwork is the leading online talent solution empowering businesses with more flexible access to quality talent.