Udaan Overview
- Year Founded
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2016
- Status
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Private
- Employees
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1,500
- Latest Deal Type
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Series E
- Latest Deal Amount
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$340M
- Investors
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23
Udaan General Information
Description
Developer of a network-centric B2B e-commerce software designed to solve core trade problems for small, medium, and large businesses across India. The company's platform allows clients to connect directly with each other in a single place for better deals, as well as facilitates buying and selling with secure payments and smooth logistics, enabling retailers and businesses to source merchandise from manufacturers, brands, white labels, and importers on a single platform.
Contact Information
Website
udaan.comCorporate Office
- Khatha Number 458 / 660 / 641 / 3 / 1A
- Harlur Main Road, Marathahalli, Sub Zone, Mahadevapura Zone, Ward Number 150
- Bangalore, Karnataka 560103
- India
Corporate Office
- Khatha Number 458 / 660 / 641 / 3 / 1A
- Harlur Main Road, Marathahalli, Sub Zone, Mahadevapura Zone, Ward Number 150
- Bangalore, Karnataka 560103
- India
Udaan Timeline
Udaan Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Later Stage VC (Series E) | 25-Sep-2023 | $340M | Completed | Generating Revenue | ||
9. Later Stage VC | 27-Oct-2022 | Completed | Generating Revenue | |||
8. Debt - General | 06-Nov-2021 | Completed | Generating Revenue | |||
7. Later Stage VC (Series D) | 28-Dec-2020 | Completed | Generating Revenue | |||
6. Later Stage VC (Series D) | 02-Oct-2019 | Completed | Generating Revenue | |||
5. Later Stage VC (Series C) | 03-Sep-2018 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 21-Feb-2018 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 24-Aug-2017 | Completed | Startup | |||
2. Early Stage VC (Series A) | 01-Oct-2016 | $10M | $11.5M | Completed | Startup | |
1. Capitalization | $1.5M | $1.5M | Completed | Startup |
Udaan Comparisons
Industry
Financing
Details
Udaan Competitors (22)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Vinculum (Business/Productivity Software) | Venture Capital-Backed | Noida, India | ||||
Traede | Venture Capital-Backed | Copenhagen, Denmark | ||||
ShopKirana | Venture Capital-Backed | Indore, India | ||||
Browntape | Venture Capital-Backed | Porvorim, India | ||||
Jumbotail Technologies | Venture Capital-Backed | Bengaluru, India |
Udaan Executive Team (15)
Name | Title | Board Seat |
---|---|---|
Vaibhav Gupta | Co-Founder & Chief Executive Officer | |
Rishi Kedia | Interim Chief Financial Officer & Business Head- SME Financing | |
Gaurav Bhalotia | Chief Technology Officer | |
Meenakshi Priyam | Group Chief Human Resources Officer | |
Amod Malviya | Co-Founder & Engineer |
Udaan Board Members (7)
Name | Representing | Role | Since |
---|---|---|---|
Bejul Somaia | Lightspeed India Partners | Board Member | |
Krishna Menon | Self | Board Member | |
Lakshmi Rajagopalan | Udaan | Board Member & Assistant General Counsel | |
Vaibhav Agrawal | Lightspeed India Partners | Board Member | |
Yuri Milner | DST Global | Board Member |
Udaan Signals
Udaan Investors (23)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Trifecta Capital Partners | Venture Capital | Minority | ||
Arena Investors | Hedge Fund | |||
Catamaran Ventures | Venture Capital | Minority | ||
Ishana Capital | Hedge Fund | |||
Kaiser Permanente | Corporation |
Udaan Investments & Acquisitions (5)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Timepay (Financial Software) | 02-Sep-2022 | Financial Software | |||
VidyutTech | 01-Jan-2022 | Consumer Finance | |||
PetPooja | 15-Nov-2021 | Business/Productivity Software | |||
PetPooja | 10-Feb-2020 | Business/Productivity Software | |||
Telio | 19-Dec-2019 | Early Stage VC | Internet Retail |
Udaan FAQs
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When was Udaan founded?
Udaan was founded in 2016.
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Who is the founder of Udaan?
Vaibhav Gupta, Amod Malviya, and Sujeet Kumar are the founders of Udaan.
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Who is the CEO of Udaan?
Vaibhav Gupta is the CEO of Udaan.
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Where is Udaan headquartered?
Udaan is headquartered in Bangalore, India.
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What is the size of Udaan?
Udaan has 1,500 total employees.
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What industry is Udaan in?
Udaan’s primary industry is Media and Information Services (B2B).
-
Is Udaan a private or public company?
Udaan is a Private company.
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What is Udaan’s current revenue?
The current revenue for Udaan is
. -
How much funding has Udaan raised over time?
Udaan has raised $2.34B.
-
Who are Udaan’s investors?
Trifecta Capital Partners, Arena Investors, Catamaran Ventures, Ishana Capital, and Kaiser Permanente are 5 of 23 investors who have invested in Udaan.
-
Who are Udaan’s competitors?
Vinculum (Business/Productivity Software), Traede, ShopKirana, Browntape, and Jumbotail Technologies are some of the 22 competitors of Udaan.
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