2020 pandemic crisis

Udaan sees sharp spike in food biz in 2020

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Bengaluru: Top business-to-business (B2B) e-commerce marketplace Udaan has seen its food business witness a sharp spike this year, with transaction volume crossing 8000 tonnes per day.Udaan’s foods business, which constitutes around 60% of its business, comprises of fast-moving consumer good (FMCG), staples and fresh products.

The volume of transaction handled on the platform in the food category makes Udaan the largest grocery platform in the country, the company said.The firm connects brands and manufacturers with small retailers across food, non-food (electronics and fashion) and pharmaceuticals categories.The Udaan platform has witnessed over 500% in volume for the food business in the last two years, with the vertical adding over 50%.

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