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Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Finance

30 January, 2024

Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Hiveloop Capital, the NBFC subsidiary of business-to-business e-commerce unicorn Udaan recorded a decline in its revenue for FY23, even as ......

Udaan rejigs business team amid key departures

People

04 September, 2023

Udaan rejigs business team amid key departures

Business-to-business unicorn Udaan on Monday said it has rejigged its organisational team and structure, amid transitions from a few senior ......

Udaan net loss little changed as revenue surges over six-fold

Finance

11 January, 2022

Udaan net loss little changed as revenue surges over six-fold

Bengaluru-based business-to-business (B2B) marketplace Udaan, owned and operated by Trustroot Internet Pvt. Ltd., managed to cut its net loss for ......

Udaan raises $250 mn via convertible note and debt

TMT

05 January, 2022

Udaan raises $250 mn via convertible note and debt

Bengaluru-based B2B marketplace Udaan has raised an additional round of $250 million (around Rs 1,875 crore) via convertible note and ......

Sequoia, Lightspeed's Indian arms lead seed funding in Indonesian startup Ula

TMT

10 June, 2020

Sequoia, Lightspeed's Indian arms lead seed funding in Indonesian startup Ula

Ula, a marketplace platform that focusses on modernizing distribution and credit processes in the traditional retail sector, has raised $10.5 ......

B2B e-commerce platform Udaan pockets big Series D cheque, valuation soars

TMT

03 October, 2019

B2B e-commerce platform Udaan pockets big Series D cheque, valuation soars

Business-to-business online marketplace Udaan has raised $585 million (about Rs 4,166 crore at current exchange rates) in its Series D ......

Lightspeed, DST Global inject fresh capital into B2B marketplace Udaan

TMT

03 September, 2018

Lightspeed, DST Global inject fresh capital into B2B marketplace Udaan

Bengaluru-based Hiveloop Technology Pvt. Ltd, which operates business-to-business e-commerce platform Udaan, has raised $225 million (Rs 1,593 crore at current ......

Lightspeed, Yuri Milner fund back B2B marketplace Udaan

TMT

21 February, 2018

Lightspeed, Yuri Milner fund back B2B marketplace Udaan

Bengaluru-based Hiveloop Technology Pvt. Ltd, which operates business-to-business e-commerce platform Udaan, has raised a $50-million (Rs 324 crore) Series B ......

Astarc Ventures backs speech recognition startup Liv.Ai

TMT

16 August, 2017

Astarc Ventures backs speech recognition startup Liv.Ai

Liv Artificial Intelligence Pvt. Ltd, which runs artificial intelligence startup Liv.Ai, is raising a fresh round of investment from venture ......

Visual AI startup Snapshopr raises angel funding

TMT

14 January, 2016

Visual AI startup Snapshopr raises angel funding

Snapshopr, an artificial intelligence (AI) startup that specialises in visual search and image recognition, has secured an undisclosed amount in ......