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Udaan lays off about 350 employees in second round of layoffs

In its second round of layoffs since June, business-to-business unicorn Udaan is letting go of up to 350 staff members as it works to increase productivity and turn a profit

Octahedron capitalMoonstone capitalLightspeed venture partnersDst globalGgv capitalAltimeter capital

The List Of 23 Indian Ecommerce Unicorns

Of the total 23 ecommerce unicorns in India, the most number i.e. 12 startups entered the club in 2021 alone. Here's the list..

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Massive layoffs at Udaan! Company fires 180 employees to cut costs | Companies News

The layoffs occur just as the company announced ambitions to launch an IPO within 18 to 24 months.

New delhiAmod malviyaVaibhav guptaSujeet kumarLightspeed venture partnersAltimeter capitalOctahedron capitalWhat technologiesUdaan layoffsDaan employeesDaan workers

On Track To Positive Unit Economics By June 2022 End: Udaan CEO

Udaan is on track to have positive unit economics by the end of June 2022 quarter, its CEO Vaibhav Gupta said in an email to employees.

Amod malviyaVaibhav guptaSujeet kumarOctahedron capitalFlipkart wholesale

B2B e-commerce unicorn Udaan eyeing IPO early next year

As per a note shared by Udaan Chief Financial Officer (CFO) Aditya Pande, the company is in line to go public in next 12-18 months.

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