udaan.com, India’s leading eB2B platform, has successfully raised $100 million in a recent funding round aimed at further enhancing its comprehensive trade ecosystem and empowering small businesses across the nation. Founded in 2016, udaan has revolutionized the landscape of B2B trade, achieving an impressive 70% market share in India. With a diverse portfolio that spans various categories—including FMCG, Staples, Fruits & Vegetables, and Pharmaceuticals—the platform boasts an extensive network that connects thousands of retailers, suppliers, and renowned national and regional brands.
The latest infusion of capital will enable udaan to bolster its existing supply chain and logistics operations, leveraging cutting-edge technology to optimize efficiencies for small businesses. A significant portion of the funds will also be channeled towards expanding udaanCapital, the company’s fintech division that addresses the working capital requirements of small businesses, manufacturers, and retailers. By offering tailored financial products and services, udaanCapital plays a critical role in fueling the growth of enterprises that form the backbone of India’s economy.
With its headquarters in Bengaluru and numerous offices across all major cities in India, udaan is now more poised than ever to continue its mission to transform the Indian trade ecosystem. This fresh capital readies the platform to scale operations, introduce innovative solutions, and contribute to the overall growth of small businesses, paving the way for a more inclusive and technologically driven market landscape.
