Abrakadbra
What is the condition of udaan ??? What does this news actually mean for real?
13mo ago
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Curated from across
It mean they are planning IPO
Read Parle G vs Udaan case on Google. It's about how Parle G refused to sell to Udaan as they were driving their distributors out of business by offering deep discounts to Retailers. No large legacy brand wants to be limited to a single platform/distributor as this would make them powerless. Just like how D2C brands have only one real option: Amazon/Flipkart, Udaan wants to do the same. It's a very difficult business.
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...
Does anybody have any idea about Udaan's current numbers ? I have an offer from them who want to check if they are stable
