Udaan

Udaan is a B2B e-commerce platform that connects manufacturers, wholesalers, and retailers in India, facilitating streamlined transactions and operations within the supply chain.

CCI Score

-43.02

June 18

Latest Event

Udaan lays off 150 employees amid restructuring

Udaan, a major B2B e-commerce platform in India, laid off 150 employees (roughly 10% of its workforce) just days after securing $340 million in funding. The layoffs are part of a restructuring effort that includes decentralizing its operations, a move that raises concerns about the treatment of workers.

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TOADIE

Udaan is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

DEC

18

2023

Udaan lays off 150 employees amid restructuring
-43.02

Udaan, a major B2B e-commerce platform in India, laid off 150 employees (roughly 10% of its workforce) just days after securing $340 million in funding. The layoffs are part of a restructuring effort that includes decentralizing its operations, a move that raises concerns about the treatment of workers.
-50

Labor Relations and Human Rights Practices

June 18

The decision to lay off a significant portion of its workforce, especially immediately after a major funding event, reflects a disregard for worker stability and rights. This pattern of frequent layoffs undermines labor relations and fair employment practices, an issue of concern from an anti-fascist, pro-worker perspective.

Udaan lays off 150 employees days after securing $340 mn
DEC

17

2023

Udaan Lays Off 150 Employees Amid $340M Funding Round
-43.01

Udaan, a B2B e-commerce platform in India, laid off approximately 150 employees—about 10% of its workforce—following a $340 million funding round. A company spokesperson confirmed the layoffs as part of a restructuring measure.
-50

Labor Relations and Human Rights Practices

June 18

The decision to lay off 150 employees, roughly 10% of its workforce, raises concerns regarding Udaan's commitment to fair labor practices and worker rights. From an anti-fascist perspective, such mass layoffs can be seen as undermining worker security and contributing to corporate practices that neglect marginalized labor.

Udaan sacks 150 staffers after $340-mn round