Udaan Buys ShopKirana To Boost Profitability, FMCG Play Udaan Buys ShopKirana To Boost Profitability, FMCG Play

Udaan Buys ShopKirana To Boost Profitability, FMCG Play Udaan Buys ShopKirana To Boost Profitability, FMCG Play

B2B ecommerce platform Udaan has acquired retail tech startup ShopKirana in an all-stock deal to deepen focus on profitability and bolster its presence in FMCG and hotel, restaurant, and catering (HoReCa) sectors. However, the company did not disclose the financial terms of the deal. The acquisition comes a month after Udaan closed its $114 Mn Series G funding round. The buyout will help Udaan to integrate ShopKirana’s retailer network and exper…

Udaan acquires ShopKirana in all-stock deal to strengthen B2B marketplace | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Udaan, the Bengaluru-based B2B e-commerce unicorn, has acquired retail-tech startup ShopKirana in an all-stock deal, signaling a major consolidation in India’s eB2B market. This acquisition follows Udaan’s recent $114 million Series G funding round, led by M&G Investments and Lightspeed. According to the company’s press release, the deal will enhance Udaan’s operational efficiency, strengthen its presence in key markets, and accelerate its journ…