Tuesday, 29 December 2020

udaan’sDaily FoodsBusiness Volume Crosses 8000 Tonnes

·         Foods business has witnessed a growth of over 500% during the last two years

·         Over 50% increase in the number of buyersin Foods category during the past 6 months

·         udaan’s strong supply chain network generates better returns for business partners

·         FMCG companies get immediate access to Lakhs of retailers and kirana shops 

December 2020: udaan, India’s largest business-to-business (B2B) e-commerce platform,today announced that the transaction volume of Foods business comprising ofFMCG, staples, and Freshproducts on its platform has crossed 8000 tonnes per day. The volume of transaction handled on the platform in the Foods category makes udaan the largest grocery platform in the country. This volume is greaterthan the daily food consumption of Singapore/Denmark/Finland/Norway.

The udaanplatform has witnessed arobust growth ofover 500%in volume for the Foods business in the last two years. The platform has added over 50% buyers in the Foods business alone over the past six months during the pandemic. The platform has also witnessed a significant increase in repeat purchase from these buyers highlighting their confidence on the platform. On an average, the platform receives over 30 lakh orders a month in the Foods category itself across 50 cities.Overall, udaanenables delivery of over 1.5 lakh orders daily,spread over all business verticals across 900 cities nationally.

The platform has over 15 lakh kirana shops, HoReCa,farmers, placing orders and supplying food products, making udaan a leader in the food E-commerce business.The platform offers over 20,000 products from groceries, beverages, cereals, pulses, spices,edible oils, home & personal care categories, fresh, dairy,to a wide range of household products.

Speaking on achieving this milestone, Vivek Gupta, Head, Food Business,udaan said, “A key challenge in the foods business is timely access to the market. The lack of strong and reliable logistics network results in a significant percentage of these products getting wasted. udaan’s strong supply-chain network spanning 900+ cities, covering over 12,000 pin codesnot only ensures timely delivery, but also provides quality and fresh products to buyers at a better price.Our partner FMCG companies get direct and easy access to over 30 lakh kirana shops and retailers nationally on the udaan platform resulting in expansion of their target markets. The growth in food volumes at udaan highlights the confidence of partner FMCG companies, buyers, and sellerson our platform.This is in line with our vision to transform the trade ecosystem in the country leveraging the power of technology.”

udaan also provides marketing & sales support and facilitates efficient, transparent & convenient transactions. The platform offers the best price, highest quality and widest selection of products to its network of retailers by connecting them to sellers, brands and manufacturers across the country. The platform’s SaaS offerings such as analysis of real time marketing feedback through app data analytics enables brands and manufacturers to make well-informed decisions about product launches and testing of new products in different markets. While the app-based pricing system gives better pricing control, the product listing advertisements and in-app advertisements encourages manufacturers to reach their targeted, specific, and ready-to-purchase retailers on the platform.

udaan is a one stop solution for all business requirements in B2B spaceIt has built inclusive tech tools for Bharat, specially catering to the needs of brands, retailers & manufacturers providing them a level playing field to scale, trade and grow business.

About udaan:

Founded in 2016, udaan is India’s largest business-to-business e-commerce platform. It has operations across categories including lifestyle, electronics, home & kitchen, staples, fruits and vegetables, FMCG, pharma, toys and general merchandise. The platform has enabled logistics focused on B2B trade built on strong technology and operations for fulfilment and delivery service through udaanExpress. udaanCapital, the NBFC arm focused on SME financing services, provides financial products for sellers and buyers to grow their business.

udaan is headquartered in Bangalore with offices in all leading metros and major cities across India.

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