Udaan is a network centric B2B trade platform, designed specifically for small & medium businesses in India.
Udaan is about making business easy in India, about making B2B commerce convenient and efficient. It brings traders, wholesalers, retailers and manufacturers in India on to a single platform.
Udaan was founded in 2016 by Amod Malviya, Sujeet kumar, & Vaibhav Gupta and is based in Bangalore, Karnataka, India.
Udaan brings traders, wholesalers, retailers and manufacturers in India on to a single platform. With real insights into active trends, and great B2B trade features, the company brings to its users the power of technology to scale & nurture their business.
Udaan is backed by Tencent, Lightspeed Venture Partners, DST Global, Lightspeed India Partners, Altimeter, Footpath Ventures, Hillhouse and others. The company raised $585M from a fresh round of funding on Oct 03, 2019. Bringing Udaan's total funding to $870M to date.
Udaan is now valued at $2.5B, which is more than doubled from its previous $1B valuation on Spe 3, 2018.