Udaan funding, investors and company details

Udaan is an emerging E-Commerce startup from Bengaluru, working in the space of B2B e-commerce platforms, connecting manufacturers, wholesalers, traders, and retailers across the country. Founded by Amod Malviya, Sujeet Kumar, Vaibhav Gupta.

Company: Hiveloop Technology Private Limited
Sector: E-Commerce
Location: Bengaluru
Founders: Amod Malviya, Sujeet Kumar, Vaibhav Gupta
Total funding raised: ₹976.98 Cr

Company overview

Founded in 2016, Udaan operates one of India’s largest B2B e-commerce platforms, connecting manufacturers, wholesalers, traders, and retailers across the country. The platform serves over 12,000 pin codes and enables businesses of all sizes to access a wide variety of products, including staples, medicines, fresh fruits and vegetables, FMCG goods, lifestyle products, and electronics. Udaan plays a significant role in bridging the gap between small retailers and large suppliers by providing transparent pricing, efficient logistics, and easy access to credit facilities. Its technology-driven supply chain ensures last-mile delivery in both urban and rural areas, helping small businesses compete and grow.

Funding rounds

Latest round (Series G): $ 114.00 Mn (₹976.98 Cr.), 2025-06-02. Investors: M&G Investments, Lightspeed