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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.
Udaan, the startup that doesn't have a CEO, is disrupting offline distribution with its unique B2B model. Started in 2016, Udaan brings the benefits of online commerce to manufacturers, traders, suppliers, and wholesalers in smaller towns. Focussing on specifically the small and medium businesses (SMBs) 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.
  • E-Commerce
  • Marketplace
    HEADQUARTERS
    Bangalore, Karnataka, , India
    COMPANY SIZE
    1000+
    FOUNDED
    2016

    Awards

    Awards and Recognitions
    16
    A YourStory list of startups that made the news this year for all the right reasons.
    This year, Udaan reached many new milestones. It secured funding of $585 million from existing and fresh investors in an environment not really conducive for large paycheques. The startup’s growth, since it began operations in 2017, has actually opened up newer vistas that gives it a strong foot-hold for the creation of services such as fintech, warehousing, and logistics among others. The startup aimed to use the new funds to grow the marketplace, go deeper into existing categories, and invest in core capabilities like its tech marketplace platform, fulfilment and delivery, lending, and payments. Focused on horizontal B2B ecommerce, Udaan currently has operations across lifestyle, home and kitchen, staples, fruits and vegetables, FMCG, toys, and general merchandise. The platform helps SMEs like small manufacturers, brands, mills, and farmers to sell their products across the country at a low cost.

    Funding

    Funding Rounds and Investors
    OTHER
    $120M
    27th Oct 2022
    OTHER
    $250M
    Investors
    Lightspeed Venture Partners, Tor Investment Management, Arena Investors, LP, GGV Capital
    5th Jan 2022
    OTHER
    $280M
    Investors
    Tencent Holdings, Lightspeed Venture Partners, DST Global, Octahedron Capital, Moonstone Capital, GGV Capital, Altimeter Capital
    6th Jan 2021
    SERIES-D
    $285M
    Investors
    DST Global, Tencent Holdings, Altimeter Capital, Footpath Ventures, Hillhouse Capital Group, GGV Capital, Citi Ventures, Lightspeed Venture Partners
    3rd Oct 2019
    SERIES-D
    $300M
    Investors
    Altimeter Capital, GGV Capital, DST Global, Lightspeed Venture Partners
    30th Aug 2019
    SERIES-C
    $225M
    Investors
    DST Global, Lightspeed Venture Partners
    3rd Sep 2018
    SERIES-B
    $50M
    Investors
    Lightspeed India Partners, Lightspeed Venture Partners, Yuri Milner
    21st Feb 2018
    SERIES-A
    $10M
    Investors
    Lightspeed Venture Partners
    23rd Nov 2016