Making it easy for farmers to sell online

 

Making it easy for farmers to sell online

Think it’s easy to move your business online? A lot of boomers like my mom don’t think so. But lucky for those in India, they have business-to-business ecommerce platform Udaan, which recently raised US$280 million so it could further simplify ecommerce.

  • The backers: Udaan has some big-name investors, including Lightspeed Venture Partners, GGV Capital, and Tencent. With the new investment, the Bengaluru-based startup has raised a total of over US$1.1 billion to date.
  • The backstory: Founded in 2016, Udaan enables small manufacturers, farmers, and brands to market and sell their products across India. At the same time, it helps businesses such as kiranas (local stores), street vendors, and small factories source products online.
  • Milestone unlocked: Udaan claims to have over 3 million registered users in 900 cities who are now connected to over 25,000 sellers across the country.

source : https://www.techinasia.com/gojek-wrote-17m-loan-pathao

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