Udaan, Ola and Oyo see highest senior executive exits in 2022: Data

Udaan, a Business-to-business (B2B) e-commerce company witnessed the highest number of senior executive exits across its tech and startup ecosystem. Ola and Oyo Hotels & Homes followed Udaan in recording the most senior executive exits in 2022, according to Longhouse Consulting data, the Economic Times reported.

As Udaan struggled with its business model and funding issues, around 50 top executives left the company this year. From C-suite to category and business heads, the B2B company saw exits across verticles despite two of its founder moving away from active roles, the report said. 

Udaan took various cost-cutting measures, including layoffs, to