They assemble wings for flights. That's why the name too

Software Engineer

Consultant

It's a round.. that in itself is enough I guess in this environment.. 
  
 Any idea on the valuation?

Finance Consultant

After their insane valuations, anything but a downround would've been a feat.

Software Developer

Recruiter

This is huge for Udaan, B2B Ecom and startups as a whole.

Welcome to Indian Startups's Private Community

Winds turning for Udaan?

Winds turning for Udaan?- Grapevine

Udaan is planning to raise additional 250 million dollars from existing investors. Udaan is expecting to undergo massive valuation undercut.

Link: https://entrackr.com/2023/08/exclusive-udaan-in-talks-to-raise-new-round-valuation-may-drop-significantly/

B2B Ecommerce gaint Udaan is in advance stage to raise equity funding

Project Manager

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

Udaan?

VC Analyst

Udaan raises $340Mn! How did they manage this? Anybody knows the exact specifics?

The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last valuation was ~$3Bn so now more like in the $1-1.5Bn range.

Investment Associate

Corporate Strategist

Welcome to Office Gossip's Private Community

What is the condition of udaan ??? What does this  news actually mean for real?

After closure of B2B vertical of Dealshare, will Udaan/Ninjacart/Elasticrun, etc. also close this vertical?
Anyone from these companies who can share some details as to what's going on?

B2B E-Commerce future

Budget 2024 scrapped the angel tax for all investors, creating the ultimate playground for innovation and entrepreneurship in India.

Big news for Indian startups!

Welcome to News Discussion's Private Community

Udaan fired more than 150 employees after raising $340 million dollar

Is udaan raising new funds and if yes, what is the new valuation ?

Chief of Staff

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

How is elasticrun?

Zombie startups - Startups that have messed it up already. They are alive but just biting their time. Doom is inevitable for these startups in a few months

I will name a few

Sharechat
Khatabook
Apna
Zepto
Dealshare
Frontrow
Udaan

Please name more. It will help our brothers and sisters to avoid these startups as employers

What are zombie startups in India right now?

Does anybody have any idea about Udaan's current numbers ? I have an offer from them who want to check if they are stable

Uddan numbers

Business Analyst

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

Winds turning for Udaan?

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