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Udaan gets NCLT nod for biz consolidation ahead of potential IPO
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Udaan gets NCLT nod for biz consolidation ahead of potential IPO
15 January 2025
Udaan has received NCLT approval to consolidate its business entities into a single entity called Hiveloop Ecommerce. This step aims to simplify operations and prepare for a potential IPO. The consolidation will take several months and will include integrating Udaan Capital. Udaan aims to enhance agility, operational efficiency, and financial flexibility.
Udaan has received NCLT approval to consolidate its business entities into a single entity called Hiveloop Ecommerce. This step aims to simplify operations and prepare for a potential IPO. The consolidation will take several months and will include integrating Udaan Capital. Udaan aims to enhance agility, operational efficiency, and financial flexibility.
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