Udaan joined the Unicorn Club on September 03, 2018 after raising a $225 million Series C funding round, reaching a $1.02 billion valuation. Founded in 2016, the company is headquartered in Bengaluru, Karnataka, India. Udaan is a B2B e-commerce platform enabling wholesale trade and distribution across FMCG, staples, fruits and vegetables, healthcare, and pharma categories.
The platform provides tools for order management, payment processing, and logistics to streamline the buying and selling process for businesses.
Keep reading to learn how Udaan became a leading B2B e-commerce unicorn.
What Is Udaan and What Does It Do?
Udaan is a B2B e-commerce company connecting manufacturers, wholesalers, retailers, and distributors. Its platform spans diverse product categories including FMCG, staples, fresh produce, healthcare, and pharma.
The company offers integrated solutions for order management, payment processing, and logistics. Udaan aims to simplify wholesale trade operations, improve transaction efficiency, and provide end-to-end supply chain visibility for business customers.
How Much Funding Has Udaan Raised?
1. Seed Round
- Amount Raised: $5 million
- Date: 2016
- Lead Investors: Early stage angel investors
- Purpose: Launch B2B e-commerce platform and initial operations
2. Series A Round
- Amount Raised: $25 million
- Date: 2017
- Lead Investors: Lightspeed India
- Purpose: Expand platform, onboard businesses, and strengthen technology infrastructure
3. Series B Round
- Amount Raised: $50 million
- Date: 2018
- Lead Investors: DST Global Solutions
- Purpose: Scale operations, logistics, and technology capabilities
4. Series C Round
- Amount Raised: $225 million
- Date: September 2018
- Valuation: $1.02 billion
- Lead Investors: DST Global Solutions, Lightspeed India
- Purpose: Expand nationwide reach and strengthen platform offerings
5. Series D Round
- Amount Raised: $150 million
- Date: 2019
- Lead Investors: Altimeter Capital
- Purpose: Grow supply chain and logistics operations across India
6. Series E Round
- Amount Raised: $300 million
- Date: 2020
- Lead Investors: DST Global
- Purpose: Accelerate technology upgrades and business development
7. Series F Round
- Amount Raised: $1.025 billion
- Date: 2021
- Lead Investors: DST Global, Lightspeed India
- Purpose: Expand product categories, enhance logistics and technology infrastructure
8. Series G Round
- Amount Raised: $39 million
- Date: June 2025
- Valuation: $1.8 billion
- Purpose: Selective growth initiatives and operational scaling
Total Funding Raised: $1.99 billion Latest Funding Date: June 2025 Latest Known Valuation: $1.8 billion Employee Count: 1,835 as of August 2025
Key Investors
- Altimeter Capital
- Details: Global investment firm focused on technology and growth stage companies
- Focus Areas: B2B platforms, e-commerce, and enterprise solutions
- DST Global
- Details: Global venture capital firm
- Focus Areas: Technology platforms, high growth internet and B2B companies
Where Is Udaan’s Headquarters?
Udaan is headquartered in Bengaluru, Karnataka, India, serving as the central hub for its leadership, technology, logistics, and business development teams.
What’s Next for Udaan?
Udaan plans to expand its B2B e-commerce platform, enhance logistics and supply chain solutions, and scale operations across new product categories. The company continues to focus on technology innovation, business onboarding, and operational efficiency to strengthen its position in India’s wholesale marketplace.
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