350 employees in Udaan to get pink slip in pursuit of profitability

India's largest business-to-business e-commerce firm sacked 180 employees in June

Udaan is laying off 350 employees, or 10 per cent of its workforce of 3,000, as India’s largest business-to-business e-commerce firm targets profitability, according to people familiar with the development.

The e-commerce firm, which plans an initial public offering (IPO) in 12-18 months, is laying off people across department functions in a move to drive cost efficiency. The Bengaluru-based firm sacked 180 employees in June this year.

“As we move forward in our journey towards making Udaan a profitable company, the efficiency enhancement drive and the evolution in business model has created some redundancies in the system, with some roles no longer