Monday, 06 July 2026India Venture Review · Vol. I · 2026Live · ₹4,200 Cr tracked this quarter
Consumer · Bengaluru
udaan
B2B e-commerce for Bharat
Stage
Series E
Total funding
$1.80B
₹14.94K Cr
Founded
2016
HQ
Bengaluru
The biography of a startup, told through capital
Funding Journey
From founding to today
6 rounds · $1.80B raised over 9.1 yrs
Founded 2016
Latest · 19 Feb 2026
First institutional cheque
$38M
Seed
Jan 2017
Start
Product-market fit
$83M
Series A
Jun 2019
$182M
Series B
Nov 2021
$399M
Series C
May 2022
Expansion funding
$879M
Series D
Oct 2024
Unicorn milestone
$220M
Series E
Feb 2026
Today
Capital growth
How udaan scaled, in capital raised
Cumulative · USD
Funding Intelligence
Largest round
$879M
Series D · 2024
Most active lead
Elevation Capital
2 rounds led
Capital growth
$38M → $1.80B
Cumulative raised
First → latest
9.1 yrs
2017 → 2026
Avg. between rounds
22 mo
Pace of fundraising
Total rounds
6
Seed to today
Every cheque, on record
All Funding Rounds
Showing 6 of 6 roundsTotal raised · $1.80B
- 08 Jun 2019Series A$83M₹689 Cr
Why it matters
Startup Intelligence
- What they do
- udaan is a Consumer company headquartered in Bengaluru, focused on b2b e-commerce for bharat.
- Problem solved
- Tackling structural inefficiency in India's consumer value chain.
- Why investors care
- Strong Series E traction, India-first distribution, and capital efficiency.
- What to watch next
- Expansion of ARR, geographic reach beyond Bengaluru, and upcoming round signals.
In the press
News & Articles
- The Economic Times12 Jun 2026udaan eyes 2x ARR growth as it doubles down on consumer expansion
Founders outline the next 18-month roadmap and hiring plans across Bengaluru and beyond.
- Inc4204 May 2026Inside udaan's playbook: how it built a defensible moat in Indian consumer
A deep-dive into product strategy, GTM motion, and how investors evaluate the next milestone.
- YourStory21 Mar 2026udaan hires senior leadership ahead of the next funding round
New CXO appointments signal scale-up ambitions and operational maturity.
- Moneycontrol08 Feb 2026Analyst view: why udaan is one to watch in Consumer
Sector benchmarks, comparable multiples, and what could drive the next valuation step-up.