About Udaan
Udaan is a company based in Bengaluru (India) founded in 2016 by Rajan Dua, Vaibhav Gupta, Amod Malviya, and Sujeet Kumar. Udaan has raised $2.03 billion across 21 funding rounds from investors including Microsoft, Tencent and Kaiser Permanente. The company has 1,791 employees as of March 31, 2025. Udaan has completed 1 acquisition, including ShopKirana. Udaan offers products and services including Udaan Platform, Udaan App, and Product Catalog. Udaan operates in a competitive market with competitors including Moglix, IndiaMART, Solv, ProcMart and Anar, among others.
- Headquarter Bengaluru, India
- Employees 1791 as on 31 Mar, 2025
- Founders Rajan Dua, Vaibhav Gupta, Amod Malviya, Sujeet Kumar
- Stage Unicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
$41.77 M (USD)-29as on Mar 31, 2024
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Net Profit
-$79.47 M (USD)39as on Mar 31, 2024
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EBITDA
-$67.76 M (USD)43as on Mar 31, 2024
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Total Equity Funding
$2.03 B (USD)
in 21 rounds
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Latest Funding Round
$160 M (USD), Series H
Jul 14, 2026
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Investors
Microsoft
& 38 more
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Employee Count
1791
as on Mar 31, 2025
- Investments & Acquisitions
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Products & Services of Udaan
Udaan offers a comprehensive portfolio of products and services, including Udaan Platform, Udaan App, and Product Catalog.
Online marketplace for wholesale buying and selling of products.
Mobile application for quick product browsing and ordering.
Digital catalog of over 5 lakh items across categories.
People of Udaan
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Funding Insights of Udaan
Udaan has successfully raised a total of $2.03B across 21 strategic funding rounds. The most recent funding activity was a Series H round of $160 million completed in July 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Udaan
Udaan has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Microsoft, Tencent and Kaiser Permanente.
| Investor | Description | Founded Year | Domain | Location |
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Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Venture debt financing is extended to companies across multiple sectors.
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Investor details for Udaan
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Investments & Acquisitions by Udaan
Udaan has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ShopKirana.
Investment portfolio details for Udaan
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of B2B procurement platform for grocery retailers
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Complete acquisition details for Udaan
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Financial Statements - Udaan
Detailed financials for Udaan
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Udaan Comparisons
Peer comparison for Udaan
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Competitors of Udaan
Udaan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moglix, IndiaMART, Solv, ProcMart and Anar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category products are supplied via a B2B marketplace platform.
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Online B2B marketplace connecting buyers and suppliers of diverse industrial products
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A B2B e-commerce platform is operated for MSMEs in India.
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Online platform offering procurement and supply chain solutions
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Provider of B2B marketplace platform offering products
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Detailed competitors of Udaan
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Latest news on Udaan
Complete news archive for Udaan
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Frequently Asked Questions about Udaan
Udaan was founded in 2016.
Udaan is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vaibhav Gupta is the current CEO of Udaan. They have also founded this company.
Udaan is a funded company, having raised a total of $2.03B across 21 funding rounds to date.
As of Mar 31, 2025, the latest employee count at Udaan is 1,791.
Annual revenue of Udaan is $41.77M as on Mar 31, 2024.
Founded in 2016 in Bengaluru, India, the company operates as an e-commerce platform focused on B2B trade. A diverse range of products, including groceries, electronics, clothing, hardware tools, and medicines, is made available for retailers and businesses to source and sell. Transactions between shop owners and suppliers are enabled through features like seller KYC verification, multiple payment methods, and an efficient return system.
Udaan offers Udaan Platform, Udaan App, and Product Catalog.
Udaan has made 1 acquisition, including ShopKirana.
Udaan has 39 investors. Key investors include Microsoft, Tencent, Kaiser Permanente, Citi, and BlackSoil.
The valuation of Udaan is $2.04B as of Dec 2023.