Udaan Scales Up
Who is the owner of Udaan B2B?
Udaan is owned and operated by Hiveloop Technology Pvt. Ltd. It was founded by former Flipkart employees Amod Malviya, Sujeet Kumar, and Vaibhav Gupta.
What is B2B Udaan?
Udaan is a B2B platform that connects manufacturers, wholesalers, and retailers, offering a wide range of quality products at competitive prices.
Is Udaan owned by Flipkart?
No, Udaan is not owned by Flipkart. It was founded by former Flipkart employees but operates independently.
What is the full form of Udaan?
Udaan doesn’t have a specific full form related to the B2B platform. However, in Hindi, ‘Udaan’ means ‘flight’.
B2B platform Udaan sees sale of 2.25 billion products in 2023
Udaan, a prominent player in India’s B2B e-commerce space, has witnessed phenomenal growth in 2023. The platform facilitated the sale of a staggering 2.25 billion products across the nation, solidifying its position as a key enabler for small businesses and Kirana stores. This achievement signifies a significant contribution to India’s B2B e-commerce landscape, which is projected to reach a value of USD 700 billion by 2023-end.
In Short
- Udaan, the online B2B platform, shipped over 2.25 billion products across India in 2023.
- 900 sellers on the platform achieved sales worth Rs 1 crore each.
- The platform saw a significant increase in the adoption of digital payment methods.