The acquisition aims to strengthen Udaan’s position in key categories like staples, FMCG, and HoReCa by adding ShopKirana’s kirana network and category expertise.
The two platforms will combine their tech, supply chain, and credit capabilities to drive operational efficiency, expand geographic reach, and improve unit economics, a press statement from Udaan said.
The deal comes on the heels of Udaan’s $114 million…