/
•
•
Detailed stories on technology startups, business and economic current affairs.
After 19 investment rounds and over $2.1 billion raised, the kirana supply startup’s investors seem to finally be in the mood to collect their dues. What happens next?

Udaan is on a knife-edge. According to documents accessed by The Morning Context, the Bengaluru-based kirana supply startup is under receivership. Some important developments stand out:
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
The retailer has shrunk operations to fix its loss-making vertical. But a reduced presence risks hurting volumes in a segment dominated by Blinkit and Instamart.
The watchmaker dominates the mass segment, but its relevance lies in going upmarket.