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Startup Atlas · B2B E-commerce

Udaan Unicorn

Bengaluru, Karnataka Founded 2016 udaan.com ↗
Amod Malviya · Co-founder (former CTO, Flipkart) Sujeet Kumar · Co-founder (former President of Operations, Flipkart) Vaibhav Gupta · Co-founder & CEO (since September 2021)
$1.64 BnTotal funding (tracked)
8Funding rounds
2 Jun 2025Last round
1,835Team size (sourced)

Udaan: Financial Breakdown

Figures below are FY24, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Rs 5,706.6 crore (gross revenue/GMV)Total revenue · +4.4% YoY
Rs 7,407.6 croreTotal expenses
Loss of Rs 1,674.1 croreNet loss · loss narrowed 17% YoY

Revenue by fiscal year

Rs 5,629 crore (gross revenue/GMV): $670.1MFY23Rs 5,706.6 crore (gross revenue/GMV): $679.4MFY24

Net profit / loss by fiscal year

Loss of Rs 2,076 crore: $-247.1MFY23Loss of Rs 1,674.1 crore: $-199.3MFY24

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY24 Rs 5,706.6 crore (gross revenue/GMV) Rs 7,407.6 crore Loss of Rs 1,674.1 crore source
FY23 Rs 5,629 crore (gross revenue/GMV) Rs 7,751 crore Loss of Rs 2,076 crore source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: udaan.com · Last verified 16 Jul 2026. · Report a correction