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JazzyBoba
JazzyBoba
Zomato

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

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24mo ago
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GroovyBoba
GroovyBoba
X (formerly Twitter)24mo

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

JazzyBoba
JazzyBoba
Zomato24mo

2000 cr loss last year

SnoozyRaccoon
SnoozyRaccoon
Stealth24mo

That's around 250

JumpyHamster
JumpyHamster
Stealth24mo

They fired people after the fund raising

JazzyBoba
JazzyBoba
Zomato24mo

Profitability 🙃

DancingHamster
DancingHamster
Stealth24mo

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
JazzyBoba
Zomato24mo

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

CosmicDumpling
CosmicDumpling
Stealth24mo

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

JazzyBoba
JazzyBoba
Zomato24mo

Yes

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