3 friends set on a new path of building Udaan into a global public company

India's largest business-to-business e-commerce platform said it has achieved positive unit economics and gearing up for an IPO

Nine months ago, three friends Amod Malviya, Sujeet Kumar, and Vaibhav Gupta, who founded Udaan in 2016, again reached a turning point, where they had to make a critical decision for the firm. The company had already become India’s largest business-to-business e-commerce platform amid coronavirus pandemic. The former top Flipkart executives had an intense discussion about how to achieve their next audacious goal of turning Udaan into a publicly listed entity in 18-24 months and become a large global public company. It was then the three co-founders came up with a strategy of having a sharp focus on positive unit