Description-: Udaan now has a network of over 3 million registered users and about 30,000 sellers across over 11,00 cities in the country. The platform has over 3 million retailers,

Writer: Tabish Description: Corporate marketplace Udaan has raised $120 million in convertible bonds and bonds led by existing shareholders and bondholders, the company’s CFO told employees in an internal report.

According to a person briefed on the situation, business-to-business (B2B) e-commerce startup, Udaan has laid off 180–200 employees, or 5% of its workforce. The company described the layoff as “unusual”

Udaan is a company that enables sellers, merchants, and wholesalers to aid India’s small and medium companies. Technologies, household and kitchen, fruits and veggies, toys, and other divisions are supported