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Investment Firm
Overview
Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh products ranging across categories from electronics and apparel to grocery and fresh produce.
Udaan chat feature allows users to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers and sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs.
Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
Highlights
2016
Internet
1001-5000
3
1
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Early Stage Venture, Seed
N/A
Location
India, Asia
Contact Information
Social
Profile Resume
Udaan, established in 2016 and headquartered in India, Asia., specializes in Early Stage Venture, Seed investments across Food and Beverage, Hospitality, Financial Services. Their recent investments include Petpooja, SucSEED Venture Partners. The highest investment round they participated in was $51.7M. Among their most notable exits are Petpooja and SucSEED Venture Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
3
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Investments
3
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Feb 10, 2020 | Petpooja | Food and Beverage | 2.0M |
Sep 09, 2021 | - | - | null |
Nov 15, 2021 | Petpooja | Food and Beverage | 4.5M |
Exits
0
Funding Timeline
3
25
0
Funding Rounds
3
Udaan has raised 3 rounds. Their latest funding was raised on Nov 15, 2021 from a Series B - Petpooja round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Feb 10, 2020 | Series A - Petpooja | - | 2.0M | - |
Sep 09, 2021 | Seed Round - OckyPocky | - | 0 | - |
Nov 15, 2021 | Series B - Petpooja | - | 4.5M | - |
Investors
41
Udaan is funded by 41 investor(s). Lightspeed Venture Partners and DST Global Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
EvolutionX Debt Capital | Yes | Convertible Note - Udaan | 35.0M |
M&G Plc | Yes | Series E - Udaan | 340.0M |
DST Global | No | Series E - Udaan | 340.0M |
Lightspeed Venture Partners | No | Series E - Udaan | 340.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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Recent Activity
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