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. See more

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. See more

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

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Funding

Investors

:

1.

Altimeter Capital

2.

Trustroot Internet

3.

Tencent Holdings

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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