Getting your Trinity Audio player ready...
|
1. Introduction
Udaan is a prominent B2B e-commerce platform based in India, focused on simplifying and digitizing the wholesale trade ecosystem. The company’s mission is to empower small and medium-sized businesses (SMBs) by offering an integrated platform that combines online product sourcing, logistics support, and access to financial services. Udaan operates across multiple categories, including electronics, lifestyle, home and kitchen, staples, and pharmaceuticals.
2. Company Overview
Specifications | Details |
Company Name | Udaan |
Founded Year | 2016 |
Founders | Amod Malviya, Vaibhav Gupta, Sujeet Kumar |
Industry | Digital Marketing & Web Development |
Net Worth (2023) | $1.8 Billion |
Annual Sales Revenue (2023) | ₹5,609 crore |
Industry Focus | B2B E-commerce, Wholesale Trade |
Social Profiles | Facebook | LinkedIn | Instagram| |
Headquarters | Bengaluru, Karnataka, India |
Website | www.udaan.com |
3. Unique Approach
- Digital marketplace connecting buyers and sellers directly across India.
- Integrated logistics service (Udaan Logistics) enabling efficient product delivery, even to remote regions.
- Financial services through Udaan Capital offering credit facilities to small retailers and businesses.
- Data-driven supply chain and inventory management tools.
- Mobile-first technology enabling easy access for non-urban businesses.
4. Market Impact / Problem Solved
- Digitizes fragmented traditional wholesale trade.
- Reduces dependence on middlemen by enabling direct procurement.
- Enhances price transparency across product categories.
- Improves working capital access for small businesses through credit solutions.
- Expands market reach for manufacturers and brands to smaller towns and rural areas.
5. Collaborations & Achievements
- Raised over $1 billion from leading investors such as DST Global, Lightspeed Venture Partners, Tencent, and GGV Capital.
- Partnered with a wide network of manufacturers and retailers across India.
- Recognized as one of the fastest-growing startups in India’s B2B e-commerce sector.
- Achieved unicorn status in 2018 (valuation over $1 billion).
- Operates a logistics network covering over 900 cities in India.
6. Sustainability / Innovation
- Promotes digital adoption among small and medium businesses.
- Encourages efficient logistics practices to optimize transportation resources.
- Focuses on inclusive growth by providing access to technology and finance to underserved markets.
- Provides platform analytics to help businesses make informed decisions.
7. Leadership / Founder Insights
- Amod Malviya – Co-founder, previously Chief Technology Officer at Flipkart, brings expertise in scalable technology platforms.
- Vaibhav Gupta – Co-founder & CEO, with a background in strategy and operations at Flipkart.
- Sujeet Kumar – Co-founder, previously President of Operations at Flipkart, specializing in supply chain management.
8. Conclusion
Udaan has emerged as a key player in India’s B2B e-commerce landscape by addressing long-standing inefficiencies in traditional wholesale trade. Through its integrated digital platform, logistics network, and financial services, Udaan continues to facilitate growth and modernization of small businesses across India. The company’s technology-driven approach positions it to play a significant role in shaping the future of wholesale commerce in the country.
Don’t miss: Groww Company Profile Revolutionizing Online Investing in India
Leave feedback about this