Udaan aims for IPO by 2028 with 10-12% revenue growth expected

Udaan, a B2B e-commerce firm, is planning to go public by early 2028. The company's CEO, Vaibhav Gupta, is targeting profitability by the end of 2027. This development comes as the firm expects its revenue to grow by 10 to 12 per cent in FY26. The expected growth in revenue is accompanied by a narrowing of losses, which are anticipated to decrease by about 20 per cent.

The company's plans for an initial public offering (IPO) are a key milestone in its journey. An IPO is a process by which a private company raises capital by issuing shares to the public. This process allows companies to raise funds from a large number of investors, which can be used to finance business expansion or repay debts.

Udaan's decision to target profitability by the end of 2027 suggests that the company is working towards achieving financial stability. The B2B e-commerce platform is a type of online marketplace that facilitates transactions between businesses, providing a convenient and efficient way for companies to purchase goods and services.

What it means for investors: Udaan's plans for an IPO and its expected revenue growth may be of interest to investors looking at Indian startups. The company's progress towards profitability is a key factor to watch, as it indicates the company's ability to manage its finances effectively and generate returns for its investors.