How High Can Udaan Fly? A Look Into Its Blueprint For Revival

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Business-to-business ecommerce unicorn Udaan has flown into rough weather with its growth engine sputtering and revenues going flat.  

Once hailed as the digital backbone of India’s fragmented wholesale market, connecting manufacturers, brands, traders, and small retailers across categories from FMCG and lifestyle to electronics and pharma counting on its strict fiscal discipline to wriggle out of the fiscal mess and green shoots of revival have started showing.

The company’s gross merchandise value (GMV) inched up barely 1.7% to INR…



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How High Can Udaan Fly? A Look Into Its Blueprint For Revival


Business-to-business ecommerce unicorn Udaan has flown into rough weather with its growth engine sputtering and revenues going flat.  

Once hailed as the digital backbone of India’s fragmented wholesale market, connecting manufacturers, brands, traders, and small retailers across categories from FMCG and lifestyle to electronics and pharma counting on its strict fiscal discipline to wriggle out of the fiscal mess and green shoots of revival have started showing.

The company’s gross merchandise value (GMV) inched up barely 1.7% to INR…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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