JazzyBoba

Udaan have one year to do or die

While 340 million funding seems big, it is nothing in terms of Udaan's annual losses and can give them a runway for year and a half.

Guys any tips for people working in Udaan

12mo ago

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GroovyBoba

You are saying that Udaan has a burn rate of 200 million dollars a year?

JazzyBoba

2000 cr loss last year

SnoozyRaccoon

That's around 250

JumpyHamster

They fired people after the fund raising

JazzyBoba

Profitability 🙃

DancingHamster

The whole Udaan business model ran around taking cuts from traditional supply chain using Tech savvy ways. No doubt their burn rate is so high

JazzyBoba

Actually they are solving a problem that is not that big as a problem to act as USP against Flipkart and Reliance

CosmicDumpling

Hasn’t udaan been teimming their workforce? They are still trying to figure out their business model i guess

JazzyBoba

Yes

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Udaan?

Can anyone share what's happening at Udaan? Are they able to cut costs the way investors want them to?

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The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last val...

Heard good general things about the company, unsure what's its business like. Anyone's got an idea?

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