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Global Investment

OckyPocky secures seed round from Udaan co-founder, SucSEED Indovation Fund

Interactive learning platform, based in Gurugram, OckyPocky has announced that it has secured an undisclosed sum in its seed round from Co-founder and CEO of Udaan – Sujeet Kumar and SucSEED Indovation Fund. Speaking on the appointment, Amit Agrawal, Founder and CEO of OckyPocky, commented, “Since its inception, OckyPocky has been on a mission to empower children and help them […]

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Executive Movements

Udaan names Vaibhav Gupta as CEO

Udaan said it is moving to a CEO-led structure with co-founder Vaibhav Gupta assuming the role of chief executive as the B2B e-commerce platform looks at becoming a publicly listed entity in the next 18-24 months, according to PTI report. The other two co-founders, Amod Malviya and Sujeet Kumar, as board members will actively work with Gupta to “ensure that […]

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Investment

Udaan raises $280 mn in funding from Lightspeed Venture Partners, Tencent, others

Business-to-business (B2B) e-commerce major Udaan on Wednesday said it has raised USD 280 million (about Rs 2,048 crore) in funding from existing and new investors, including Lightspeed Venture Partners and Tencent, according to PTI report. Existing investors of Udaan – Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital, and Tencent – participated in the […]

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Investment

Chennai-based Vakilsearch secures funding from Udaan co-founder Sujeet Kumar

Vakilsearch, a Chennai-based online professional services platform for lawyers, corporate bodies, and professionals in India, announced it has raised an undisclosed sum from technology growth investor and the Co-founder of B2B ecommerce platform Udaan, Sujeet Kumar, according to a media report.  Vakilsearch CEO Hrishikesh Datar said, “At Vakilsearch, we have always focussed on providing businesses […]