Udaan

Marketplace · Bengaluru, IN · udaan.com

B2B ecommerce marketplace connecting manufacturers, wholesalers and retailers in India

Founders

Amod Malviya (India · ♂) — As Flipkart's longtime CTO he saw how broken India's B2B trade and supply chains were, and co-founded Udaan to digitize wholesale commerce for small retailers.
Sujeet Kumar (India · ♂) — After running operations at Flipkart he understood Indian logistics and distribution deeply, and joined his Flipkart colleagues to build Udaan as a B2B marketplace for Bharat.
Vaibhav Gupta (India · ♂) — With a consulting and Flipkart finance background, he reunited with his IIT peers to co-found Udaan and later became its CEO, applying operational and financial discipline to B2B trade.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Jul 2026	Funding round Indian B2B platform udaan secured 160 million dollars through a financing round combining fresh equity and debt.	$160M
Dec 2023	Series D Plus B2B ecommerce unicorn Udaan raised $340M in Series E led by M&G Prudential, combining fresh equity and conversion of convertible notes.	$340M
Nov 2022	Debt B2B ecommerce unicorn Udaan raised debt funding (reportedly $35-40M) from Temasek/DBS-backed EvolutionX Debt Capital.	—
Oct 2022	Debt B2B ecommerce unicorn Udaan raised $120M in convertible notes and debt from existing investors.	$120M
Nov 2021	Debt B2B ecommerce platform Udaan raised INR 75 Cr ($10M) in debt from InnoVen Capital via NCDs.	$10M

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Data is community-curated and may be incomplete.