When was Udaan founded?

Udaan was founded in 2016 and became a unicorn in 2018.

Where is Udaan located?

Udaan is headquartered in Bengaluru, India. It is registered at TWA - SJR - The Hub, 1st Floor of South Wing, Survey Number 8, 2 & 9, Sarjapur Main Road, Sarjapur - Marathahalli Road, Bellandur, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102.

Which legal entities is Udaan associated with?

Udaan is associated with TRUSTROOT INTERNET PRIVATE LIMITED and 4 others.

How many employees does Udaan have?

As of Aug 31, 2025, the latest employee count at Udaan is 1835.

Is Udaan a funded company?

Udaan is a funded company, having raised a total of $1.99B across 18 funding rounds to date. The company's 1st funding round was a $10M Series A round, raised on Nov 23, 2016.

How much is Udaan worth?

The latest valuation of Udaan is $1.8B as of Jun 02, 2025.

When was the latest funding round of Udaan?

Udaan's latest funding was a $39M Series G round on Jun 02, 2025, with participation from 2 investors.

What is the annual revenue of Udaan?

Annual revenue of Udaan is ₹4,560Cr as on Mar 31, 2025.

Is Udaan a B2B E-Commerce company?

The primary sector of Udaan is B2B E-Commerce.

Where does Udaan rank among its competitors?

Udaan ranks 2nd amongst 291 active competitors, of which 20 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Udaan, which secured $39M in Jun, 2025.

Who are the top competitors of Udaan?

Udaan's top competitors include Moglix, LOTS Wholesale and ProcMart. Among them, Udaan secured the most recent funding round in June, 2025.

Udaan - 2026 Company Profile, Team, Funding, Competitors & Financials

Udaan is a series G company based in Bengaluru (India), founded in 2016 by Sujeet Kumar, Amod Malviya, Vaibhav Gupta, Akash Gupta and Rajan Dua. It operates as a B2B e-commerce platform for wholesale trade and distribution. Udaan has raised $1.99B in funding from investors like M&G, Lightspeed India and Microsoft, with a current valuation of $1.8B. The company has 291 active competitors, including 20 funded and 5 that have exited. Its top competitors include companies like Moglix, LOTS Wholesale and ProcMart.

Sectors and market segments that Udaan operate in

Udaan serves in the Retail market segments.The primary business model of Udaan is:

Retail > B2B E-Commerce > ***** **** > ***** ******

Company Details

B2B e-commerce platform for wholesale trade and distribution. It operates across diverse categories such as FMCG, staples, fruits and vegetables, healthcare, and pharma. The platform provides tools for order management, payment processing, and logistics. It aims to streamline the buying and selling process for businesses.

Website: udaan.com
Social
Email ID: *****@udaan.com
Phone Number: +91 **********
Registered Address: TWA - SJR - The Hub, 1st Floor of South Wing, Survey Number 8, 2 & 9, Sarjapur Main Road, Sarjapur - Marathahalli Road, Bellandur, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Series G

Total Funding

$1.99B in 18 rounds

Latest Funding Round

Series G, Jun 02, 2025, $39M

Post Money Valuation

$1.8B as on Jun 02, 2025

Investors

M&G & 68 more

Ranked

2^nd among 291 active competitors

Annual Revenue

₹4,560Cr as on Mar 31, 2025

Employee Count

1,835 as on Aug 31, 2025

Investment & Acquisitions

ShopKirana & 2 more

Similar Companies

Faire & 777 more

View Udaan's full profile

Udaan is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
TRUSTROOT INTERNET PRIVATE LIMITED CIN: 201733628M , Singapore, Active	Nov 21, 2017	$540M (As on Mar 31, 2025)	-
HIVELOOP E-COMMERCE PRIVATE LIMITED CIN: U74999KA2017PTC106742 , India, Active	Sep 27, 2017	$614M (As on Mar 31, 2025)	1828 (As on Aug 31, 2025)
TRUSTROOT PAYMENTS PRIVATE LIMITED CIN: 201817480E , Singapore, Active	May 21, 2018	-	-
HIVELOOP TECHNOLOGY PRIVATE LIMITED CIN: U72900KA2016PTC093868 , India, Active	Jun 03, 2016	$0 (As on Mar 31, 2025)	2 (As on Jul 01, 2025)
Hiveloop Internet Private Limited CIN: U74999KA2017PTC107051 , India, Active	Oct 10, 2017	$908K (As on Mar 31, 2025)	6 (As on Aug 31, 2025)

Udaan has raised a total funding of $1.99B over 18 rounds. Its first funding round was on Nov 23, 2016. Its latest funding round was a Series G round on Jun 02, 2025 for $39M. 2 investors participated in its latest round. Udaan has 41 institutional investors and 28 angel investors.

Here is the list of recent funding rounds of Udaan:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 02, 2025	$39M	Series G	-	-	M&G, Lightspeed Venture Partners	-
Feb 17, 2025	$75M	Series G	-	-	M&G	Lightspeed Venture Partners
Oct 28, 2024	$35.7M	Conventional Debt	-	-	-	Lighthouse Canton, Innoven Capital, Trifecta Capital, Stride Ventures

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View details of Udaan's funding rounds and investors

The founders of Udaan are Sujeet Kumar, Amod Malviya, Vaibhav Gupta, Akash Gupta and Rajan Dua. Marlene Mitchell and Pukhraj Joneja are the CEOs of Udaan.

Here are the details of Udaan's key team members:

Sujeet Kumar: Co-Founder of Udaan and founder of 1 other company. They are also an angel investor in 81 startups and serve on the boards of 4 companies.
Contact Info: 2 email addresses
Amod Malviya: Co Founder & Engineer of Udaan. They are also an angel investor in 13 startups and serve on the board of 1 company.
Contact Info: 1 phone number
Vaibhav Gupta: Co-Founder of Udaan and founder of 1 other company.
Contact Info: 2 email addresses and 1 phone number
Akash Gupta: Owner of Udaan.
Contact Info: 1 phone number
Rajan Dua: Founder & Managing Director of Udaan.
Contact Info: 1 phone number

Udaan's Board of Directors

Udaan's board has 1 active member. Ankit Agarwal is independent board member.

Here is the list of Udaan's board of directors:

Name	Type	Representing	Status	Duration
Sujeet Kumar	Team	-	Current	8y 4m
Amod Malviya	Team	-	Past	5y 10m
Bejul Somaia	Investor	Lightspeed Venture Partners	Current	7y 10m
Niranjan Sirdeshpande	Investor	-	Current	2y 0m
Vishnu Menon	Independent board member	-	Current	0y 11m
Ajeesh Puthenparampil Gopalakrishnapillai	Independent board member	-	Current	1y 3m
M Sivaananthan	Independent board member	-	Current	8y 4m
Vikas Pershad	Independent board member	-	Current	1y 2m
Ankit Agarwal	Independent board member	-	Past	0y 3m
Aniruddha Gangopadhyay	Independent board member	-	Past	0y 5m
Nillambaran Ganenthiran	Independent board member	-	Past	1y 5m
Venkata Naga Chaitanya Adapa	Independent board member	-	Past	0y 5m

View details of Udaan's Founder profiles and Board Members

Udaan's employee count trend

Udaan has 1,835 employees as of Aug 25. The total employee count is 14.0% lower than what it was in Aug 24. Here is Udaan's employee count trend over the years:

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Top competitors of Udaan include Moglix, LOTS Wholesale and ProcMart. Here is the list of Top 10 competitors of Udaan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Moglix 2015, Singapore (Singapore), Series F	Online retailer of industrial tools, electrical, safety, medical, and office supplies	$471M	IFC, Jungle Ventures & 30 others	77/100
2nd	Udaan 2016, Bengaluru (India), Series G	B2B e-commerce platform for wholesale trade and distribution	$1.99B	Tencent, Samena Capital & 67 others	69/100
3rd	LOTS Wholesale 2017, Gurugram (India), Unfunded	B2B marketplace offering diversified products	-	-	58/100
4th	ProcMart 2015, Noida (India), Series B	Online platform offering procurement and supply chain solutions	$40.3M	Sixth Sense Ventures, Fundamentum & 8 others	55/100
5th	Solv 2019, Bengaluru (India), Acquired	Marketplace platform offering multi-category products and services for businesses	$40M	SBI Group, Standard Chartered & 2 others	55/100
6th	DeoDap 2014, Rajkot (India), Unfunded	B2B marketplace offering multi-category products	-	-	55/100
7th	L&T-SuFin 2020, Mumbai (India), Unfunded	Online platform for buying and selling industrial products and services	-	-	54/100
8th	Just Buy Live 2015, Mumbai (India), Series B	E-distribution platform connecting brands with retailers	$126M	V Ocean Investments, The Estate Investment ... & 84 others	54/100
9th	WCube 2019, Gurugram (India), Seed	Provider of a B2B procurement marketplace	$857K	Mumbai Angels, x10x ventures & 79 others	52/100
10th	IndustryBuying 2013, Delhi (India), Series C	B2B marketplace platform offering multi-category products	$26.4M	Kalaari Capital, Elevation Capital & 17 others	50/100

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Founders own 12.43%, Funds (largest shareholder) own 63.74%, Enterprises own 9.47% and ESOP Pool own 14.36%. The net worth of Udaan's founders is INR 5.78B as of Jun 16, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	12.43%	5.78B	7605221	1255948	8358093	4551505
Sujeet Kumar	5892	4927	2809	2654	4812	2124
Amod Malviya	6910	2363	5926	4762	9431	3347
Fund	63.74%	29.6B	9129743	9291943	7710202	3662310
M&G	7255430	9344230	7952336	5182010	1513864	4241906
Lightspeed Venture Partners	68115	95691	79398	24797	68072	42760
Enterprise	9.47%	4.4B	9199367	9478907	9334966	4837644
ESOP Pool	14.36%	6.67B	8356825	7952765	1772881	8081085
Total	100.00%	4,650Cr	7191233	5780646	8268933	8092317

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of Udaan's Shareholding

Udaan has made 2 investments in Petpooja and Petpooja and acquired ShopKirana.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 18, 2025	Acquisition	ShopKirana	2015	Indore (India)
Sep 25, 2021	Investments	Petpooja	2011	Ahmedabad (India)
Dec 03, 2019	Investments	Petpooja	2011	Ahmedabad (India)