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Bottomline: Udaan's NBFC struggles to scale up, faces asset quality concerns

Finance

30 October, 2024

Bottomline: Udaan's NBFC struggles to scale up, faces asset quality concerns

Hiveloop Capital Pvt. Ltd, the lending arm of business-to-business e-commerce unicorn Udaan, is increasingly tapping ......

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Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Finance

30 January, 2024

Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Hiveloop Capital, the NBFC subsidiary of business-to-business e-commerce unicorn Udaan recorded a decline in its revenue......

Venture debt firm BlackSoil's investments jump 2.5X in 2021

Finance

13 January, 2022

Venture debt firm BlackSoil's investments jump 2.5X in 2021

BlackSoil Capital Pvt Ltd said on Wednesday it has invested $80 million in 20 transactions in 2021, registering a 2.5 ......

Udaan net loss little changed as revenue surges over six-fold

Finance

11 January, 2022

Udaan net loss little changed as revenue surges over six-fold

Bengaluru-based business-to-business (B2B) marketplace Udaan, owned and operated by Trustroot Internet Pvt. Ltd., managed to cut...

Udaan raises $250 mn via convertible note and debt

TMT

05 January, 2022

Udaan raises $250 mn via convertible note and debt

Bengaluru-based B2B marketplace Udaan has raised an additional round of $250 million (around Rs 1,875 crore) via convertible note...

Udaan raises $280 mn from new and existing investors

TMT

06 January, 2021

Udaan raises $280 mn from new and existing investors

Udaan, the fastest startup to achieve unicorn status in India, on Wednesday said it has raised $280 million (Rs 2,045 ......

B2B firm Udaan invests in restaurant management platform PetPooja

TMT

10 February, 2020

B2B firm Udaan invests in restaurant management platform PetPooja

Udaan, a business-to-business e-commerce startup, has invested around Rs 14 crore ($1.94 million at current exchange rates) in...

B2B e-commerce platform Udaan pockets big Series D cheque, valuation soars

TMT

03 October, 2019

B2B e-commerce platform Udaan pockets big Series D cheque, valuation soars

Business-to-business online marketplace Udaan has raised $585 million (about Rs 4,166 crore at current exchange rates) in its...

Former Flipkart execs' B2B e-commerce platform Udaan bags $300 mn in Series D funding

TMT

03 September, 2019

Former Flipkart execs' B2B e-commerce platform Udaan bags $300 mn in Series D funding

Business-to-business e-commerce platform Udaan has raised around $300 million (approximately Rs 2,165.98 crore at current exchange...

Lightspeed, DST Global inject fresh capital into B2B marketplace Udaan

TMT

03 September, 2018

Lightspeed, DST Global inject fresh capital into B2B marketplace Udaan

Bengaluru-based Hiveloop Technology Pvt. Ltd, which operates business-to-business e-commerce platform Udaan, has raised $225 million...