BusinessPhoto: Business StandardUdaan Plans IPO by Early 2028 as Turnaround Strengthens
Udaan, a B2B e-commerce platform, intentionally downsized from 80 to 16 city clusters and narrowed its product range three years ago. This strategic move led to a revenue drop but improved financial health. CEO Vaibhav Gupta projects 10-12% revenue growth and a 20% reduction in losses by FY26, with full profitability expected by end-2027 and an IPO planned for late 2027 or early 2028.
Business Standard··Bengaluru



