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Udaan undergoes executive leadership restructuring as Group CFO Aditya Pande resigns
Udaan, the B2B e-commerce platform, announced senior-level organizational changes on Monday. As part of this restructuring, Kiran Thadimarri, previously the Group Finance Controller, has...
IndiaMART reports 27% YoY decline in Q3 net profit to INR 82 Crore, despite 21% rise in operational revenue
IndiaMART InterMESH, a B2B marketplace, experienced a 27.4% decrease in its combined net profit, totaling INR 82 crore in the third quarter (Q3) of...
B2B ecommerce unicorn Udaan sees drastic 50% valuation drop to $1.8 Billion in down round
Udaan, a B2B ecommerce unicorn, reported a significant reduction in its valuation, plummeting to around $1.8 billion in a down round, according to a...
Bengaluru-based B2B marketplace Captain Fresh raises $13.25 Million in Series C extension
Captain Fresh, a Bengaluru-based B2B marketplace for seafood, has secured $13.25 million in an extended Series C funding round. This additional funding comes after...
Innovative strategies propel ShopKirana’s revenue, aiming for INR 1,000 Crore run rate in FY24
ShopKirana's gross revenues increased by 50% from INR 452 crore in FY22 to INR 682 crore in the subsequent year, according to regulatory filings.The...
Walmart invests $600 Million in Flipkart as e-commerce giant gears up for $1 Billion funding round
Flipkart, a prominent e-commerce platform supported by Walmart, is reportedly in the process of raising a new funding round of $1 billion, with a...
Post funding bonanza of $340 Million, Udaan lays off staff in major restructuring move
Udaan, the Bengaluru-based B2B ecommerce unicorn, has fired approximately 120 employees just within a week of securing $340 million in its Series E funding...
Udaan secures $340 Million in Series E funding, eyes public market in 12-18 months
Udaan, a B2B ecommerce unicorn headquartered in Bengaluru, has secured $340 million in its Series E funding round. The funding was spearheaded by M&G...
Reliance Retail leverages B2B potential to expand apparel reach
Following its ascent to the position of the nation's leading apparel retailer, Reliance Retail is expanding the reach of clothing and fashion products to...
B2B fruit marketplace Vegrow raises $46M in Series C funding for nationwide expansion
Vegrow, a B2B fruits marketplace, has successfully raised $46 million in a primary and secondary funding round. The funding was led by GIC, and...
Healthify and Swiggy collaborate to bring tailored, AI-recommended meals to users
Healthtech startup Healthify, formerly known as HealthifyMe, has partnered with the foodtech major Swiggy to enhance meal delivery services. Furthermore, the company is actively...
WayCool keeps supply chain focus as SunnyBee Market joins Fresh2Day
In a significant transaction within the Chennai grocery retail industry, WayCool, valued at INR 2,000 crores, has concluded its retail operations under the SunnyBee...