Startup Titans of India: Decoding the Record of High-Net Worth & Net Value

Udaan

Key Management: Amod Malviya, Vaibhav Gupta, and Sujeet Kumar, Co-Founders

Competitors: ProcMart, Solv, Anar, GramFactory, and Industrybuying

An innovative B2B E-commerce platform especially designed for small & medium businesses, Udaan focuses on solving the trade problems faced by businesses in India. The company builds exclusive technology tools for customers that demands & desires of retailers, brands, vendors & manufacturers, by providing them a low-cost business model to trade, scale, and systemize the business. The core mission of the company is to become their trusted partner of small & medium business & strengthen them with technological accessibility, financial inclusivity, and supply chain capability to sustain & shine in the completely competitive digital world.

Over 17 funding rounds, Udaan has raised $1.88 billion. In a latest funding round which was held in December 14, 2023, the company raised undisclosed capital from various investors including Lightspeed Venture Partners, M&G, Tencent, Altimeter Capital, DST Global, Ishana Capital, and so on.