Udaan’s financial woes continue despite new fundraise, revenue stagnates
Bengaluru, Feb 18 (IANS) B2B e-commerce platform Udaan is facing serious financial challenges despite securing fresh funds as the company’s revenue remained almost flat in FY24. Its valuation also dropped sharply by 59.3 per cent to $1.3 billion, down from its peak of $3.2 billion, according to its financials. This decline comes even as Udaan […]
Union Budget 2025: UDAAN will expand regional connectivity & boost tourism in NE, says Industry body
Guwahati, Feb 1 (IANS) The Federation of Industry and Commerce of North Eastern Region (FINER) hailing the Union Budget 2025 on Saturday said that the modified UDAAN scheme would expand regional connectivity and tourism opportunities in the northeast. FINER President Bajrang Lohia said that the measures proposed by the Union Finance Minister Nirmala Sitharaman in […]
