Indian B2B e-commerce platform Udaan has raised $114 million in its latest funding round, marking a significant milestone for the company as it continues to strengthen its position in the competitive market. The Bengaluru-based startup, founded in 2016, aims to empower small and medium businesses by connecting them with suppliers and streamlining supply chain operations.
This fresh capital infusion, part of a Series funding round, is expected to accelerate Udaan’s mission to digitize India’s B2B trade ecosystem. The company plans to use the funds to enhance its technology infrastructure, expand its market reach, and improve customer experience for its vast network of retailers and sellers.
Udaan has already made a significant impact, serving over 3 million retailers and more than 25,000 sellers across the country. With this funding, the company is poised to deepen its penetration into smaller cities and rural areas, where access to organized trade platforms remains limited.
The funding round saw participation from both existing and new investors, signaling strong confidence in Udaan’s business model and growth potential. This investment comes at a time when the B2B e-commerce sector in India is witnessing rapid growth, driven by increasing digital adoption among businesses.
Vaibhav Gupta, CEO of Udaan, expressed optimism about the company’s future, stating,
We are committed to transforming the way businesses operate in India by leveraging technology and building scalable solutions.
The company also aims to bolster its supply chain capabilities to ensure faster and more reliable deliveries.
As Udaan continues to scale, industry experts believe this funding will help the company fend off competition and solidify its leadership in the B2B e-commerce space. The coming years will be crucial as Udaan works toward profitability while expanding its footprint across India.
Alfred Lee
