Udaan, the three e-commerce start-up founded by B2B former Flipkart executives, has raised $10 million in series C funding, bringing its total valuation to over $1bn. Right now, electronics and consumer goods are for sale on the app, with plans for the company to make industrial goods, fresh fruits and vegetables, office supplies and more available soon. The company’s mobile app connects traders, wholesalers and retailers in Udaan , helping small businesses trade directly with manufacturers. While the app currently focuses on electronics and consumer goods, India aims to expand into areas including industrial goods, fresh fruits and vegetables, and office supplies.
Udaan, the three e-commerce start-up founded by B2B former Flipkart executives, has raised $10 million in series C funding, bringing its total valuation to over $1bn. The company’s mobile app connects traders, wholesalers and retailers in Udaan , helping small businesses trade directly with manufacturers. While the app currently focuses on electronics and consumer goods, India aims to expand into areas including industrial goods, fresh fruits and vegetables, and office supplies.