_large.jpg)
18 February 2022, Mumbai:
Vaibhav Gupta, CEO of business-to-business (B2B) ecommerce firm Udaan told ET on Wednesday that the company aims to launch its initial public offering (IPO) by May 2023.
Gupta said he was fairly confident that Udaan would be ready for an IPO by the end of 2022 and that it had been improving its gross margins every quarter.
ALSO READ Nyva Store: Let’s enjoy the moment we live in and the clothes we wear in
"I feel good about the journey towards the IPO and we are targeting [it] in May next year," he said.
"I feel that on the business side, on the team side, and on the capital side, we are progressing well towards that."
Follow us on Linkedin & Youtube.
Subscribe to our daily e-newsletter.
*Figures mentioned in the above article have been sourced from ET article.
Author’s Posts
-
Tamil Nadu Textile Sector Begins Strong Recovery
Tamil Nadu Textile Industry Shows Signs of Recovery
After ...May 22, 2025
-
Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India
BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...
May 22, 2025
-
3rd Morocco International Yarn & Fabric Sourcing Show 2025
3rd Morocco International Yarn & Fabric Sourcing Show 2025
May 13, 2025
-
India’s Apparel Exports: Big Potential, Low Share
Despite having the world’s second-largest vertically integrated textile industry, India’s share...May 05, 2025
CITI: India must engage U.S. on tariffs
"Bridging the Information Gap in the Textile and Fashion Industry."
Latest Publications
