Udaan back to pre-second wave levels with GMV of $4-5 billion

2021-07-06 06:00:00

Business-to-business (B2B) ecommerce startup Udaan has recovered fully to pre-Covid-19 second wave levels with annualised gross merchandise value (GMV) now in the range of $4-$5 billion, founders Sujeet Kumar and Vaibhav Gupta told ET in an exclusive interview.

Last year, Udaan clocked a GMV of around $3 billion.

Udaan’s recovery following the second wave this year has been quicker compared to how the business bounced back in 2020.

While it has hit the January-February 2021 sale

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