Business Standard

3 friends set on a new path of building Udaan into a global public company

India's largest business-to-business e-commerce platform said it has achieved positive unit economics and gearing up for an IPO

(L-R) udaan co-founders: Amod Malviya, Vaibhav Gupta, Sujeet Kumar

(L-R) udaan co-founders: Amod Malviya, Vaibhav Gupta, Sujeet Kumar

Peerzada Abrar Bengaluru
Nine months ago, three friends Amod Malviya, Sujeet Kumar, and Vaibhav Gupta, who founded Udaan in 2016, again reached a turning point, where they had to make a critical decision for the firm. The company had already become India’s largest business-to-business e-commerce platform amid coronavirus pandemic. The former top Flipkart executives had an intense discussion about how to achieve their next audacious goal of turning Udaan into a publicly listed entity in 18-24 months and become a large global public company. It was then the three co-founders came up with a strategy of having a sharp focus on positive unit

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First Published: Jun 24 2022 | 3:10 PM IST

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