Does anybody have any idea about Udaan's current numbers ? I have an offer from them who want to check if they are stable
Dont join bro. They are fucked up. Random layoffs happening every quarter. Even if you perform beyond expectations, you can be laid off any-day. Revenue numbers are going down every month and they do not have any vision as eb2b future is not certain. All investors are pulling out from this sector due to limited scope and growth.Very tough market dynamics for eb2b in current scenario as margins are thin and very few alternate revenue channels.
I read somewhere that they are about to close another round probably at a lower valuation.
Don’t know suddenly reminded of rivigo also - what’s with rivigo founder - only promoting some job portal.
Join if you're unemployed.
Major layoffs happening in September end
Light speed has put strict conditions on cost cutting
Why do people like Dukaan's founders receive funding so easily? Don't we have brilliant minds or promising startups in India, or is it the fault of short-sighted VCs who have money but lack vision?
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
The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last val...
