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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 for FY23, even as ......

Udaan rejigs business team amid key departures

People

04 September, 2023

Udaan rejigs business team amid key departures

Business-to-business unicorn Udaan on Monday said it has rejigged its organisational team and structure, amid transitions from a few senior ......

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 its net loss for ......

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 and ......

NFT marketplace NFTically raises seed funds from founders of Nazara and Udaan, others

TMT

12 October, 2021

NFT marketplace NFTically raises seed funds from founders of Nazara and Udaan, others

NFTically, a SaaS-based NFT marketplace focused on launching white-label NFT stores, said it has secured under $1 million in a ......

SaaS platform Qapita raises $15 mn funding led by East Ventures and Vulcan Capital

TMT

06 October, 2021

SaaS platform Qapita raises $15 mn funding led by East Ventures and Vulcan Capital

Qapita, a software-as-a-service (SaaS) platform focused on equity and transaction management for the private market, said it has raised $15 ......

Sequoia, Lightspeed's Indian arms lead seed funding in Indonesian startup Ula

TMT

10 June, 2020

Sequoia, Lightspeed's Indian arms lead seed funding in Indonesian startup Ula

Ula, a marketplace platform that focusses on modernizing distribution and credit processes in the traditional retail sector, has raised $10.5 ......

Inventus Capital Partners leads Series A funding in Euler Motors

TMT

22 May, 2020

Inventus Capital Partners leads Series A funding in Euler Motors

Euler Motors Pvt. Ltd, an automotive tech startup, has raised Rs 20 crore ($2.66 million) in its Series A round ......

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 Series D ......

Binny Bansal, Flipkart CEO Kalyan Krishnamurthy bet on TerraView

TMT

27 September, 2019

Binny Bansal, Flipkart CEO Kalyan Krishnamurthy bet on TerraView

TerraView, a software-as-a-service-based image processing startup, has raised Rs 5.8 crore (about $824,000 at current exchange rates) in a Series ......