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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 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 ......

Real gaming startup Rein Games gets seed funding from Ranjan Pai, Titan Capital

TMT

12 December, 2019

Real gaming startup Rein Games gets seed funding from Ranjan Pai, Titan Capital

Rein Games Pvt. Ltd, a real money-based skill gaming startup, has raised Rs 5 crore (approximately $705,910 at current exchange ......

Manufacturing services marketplace Zetwerk mops up $32 mn in Series B funding

TMT

11 December, 2019

Manufacturing services marketplace Zetwerk mops up $32 mn in Series B funding

Zetwerk Manufacturing Businesses Pvt. Ltd, which operates an eponymous manufacturing services marketplace, has raised $32 million (approximately Rs 226.78 crore ......

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 ......