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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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11mo ago
Elon_Musk
Elon_Musk
X.com11mo

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

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Zomato11mo

2000 cr loss last year

UnsungSail
UnsungSail
Stealth11mo

That's around 250

Indusplateau
Indusplateau
Stealth11mo

They fired people after the fund raising

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Zomato11mo

Profitability 🙃

BinaryBillionaire
BinaryBillionaire
Stealth11mo

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

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Zomato11mo

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

MightyLazyGeekStar
MightyLazyGeekStar
Stealth11mo

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

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Zomato11mo

Yes

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