Udaan Revenue, Valuation, Funding & Investors

Whop functions as a marketplace for digital products where entrepreneurs sell communities, online courses, and software tools. It manages memberships across Telegram and Discord with automated role assignments and access controls. San Francisco-headquartered Whop provides payment processing, analytics, and chat features to help creators scale operations and retain subscribers.

AppDirect is a cloud service commerce platform connecting providers, developers, and consumers globally. San Francisco-headquartered and launched in 2009, it powers marketplaces for discovering, purchasing, managing, and monitoring services from Microsoft, Google, and Box. Partners including Telstra, ADP, Samsung, and Deutsche Telekom leverage its billing, distribution, and reselling capabilities to reach millions of businesses.

São Paulo-headquartered Olist serves as Brazil's leading commerce enabler for small and medium businesses, facilitating sales on major marketplaces through its integrated ecosystem. Olist Store connects merchants to platforms including Mercado Livre, Amazon, and Shopee, while Olist Shops delivers mobile-first ecommerce tools accessible in 180 countries. Complementing these, Olist Pax manages logistics and fulfillment across Brazil, and Olist Credit with Olist Pay handles financing and payments. Founded in 2015, Olist operates in over 2,000 Brazilian cities and pursues global expansion.

Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Retail Supply Chain Group (RSCG), and Machinio & Software Solutions. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.

Mirakl is a Paris-headquartered SaaS provider of enterprise marketplace platforms for B2B and B2C sectors. Founded in 2012 at mirakl.com, it enables brands like Leroy Merlin and Best Buy to launch scalable online marketplaces, managing over 100 million products across global clients.

SuperOrdinary is a global e-commerce accelerator helping brands and creators navigate marketplaces by leveraging data-driven strategies across key regions. The firm unlocks access to new consumer bases and distribution channels through tailored creative and analytical approaches.

AUCNET Inc is a Japanese based auction services provider. It provides new information distribution services using media, including LaserDisc, satellite communications, and the internet. It operates in the used cars auction business, motorcycle business, the flower business, the digital products business, the brand items business, and the medical equipment business.

ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group’s revenues are derived from the PRC.

RB Global has evolved into a leading global marketplace that connects buyers and sellers of commercial assets and vehicles. It is the result of the 2023 combination of Ritchie Bros. and IAA. Ritchie Bros.' roots were as an auctioneer facilitating transactions of commercial, construction, and transportation equipment (excavators, bulldozers, forklifts, and commercial trucks and trailers). However, it has evolved into an omnichannel marketplace. IAA has similar roots, though primarily focused on the salvage auction segment for consumer automobiles. The group provides ancillary services including title processing, transportation/towing, financing, data and appraisal, and so on. Its activities are international, though skewing approximately two-thirds to North America.

TBO Tek Ltd is a travel distribution platform. It is engaged in the business of operating an online technology platform (TBO Portal) providing its customers access to book international travel inventory aggregated through travel suppliers like airlines, hotels, cruises, car rentals, transfers, and rail services among others. Its customers include retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps. The company's business activities fall within two primary business segments; Air ticketing which generates maximum revenue, and Hotels and packages. Geographically, it derives maximum revenue from India and also has its presence outside India.

Material Bank is a Boca Raton, Florida-based digital marketplace where architects, designers, and corporate buyers search, sample, and order building and design materials from hundreds of brand partners across hundreds of thousands of SKUs. Orders placed by midnight ship overnight through a robotic logistics facility near Memphis, Tennessee, and arrive free of charge to design professionals, with brand partners paying for fulfillment. Launched in 2018, the platform connects design professionals with brand partners such as Mohawk and Sherwin-Williams across the architecture, design, and construction industries.

Pax8 is a Greenwood Village-headquartered cloud commerce marketplace founded in 2012. The platform aggregates services from vendors like Microsoft, Datto, and ConnectWise for managed service providers. Pax8's Command Console handles quoting, provisioning, billing, and support for cybersecurity, backup, and communications tools across a global partner network.

HBX Group International PLC is a travel-technology marketplace. The company is engaged in the intermediation of hotel accommodations and complementary travel products between travel suppliers and travel distributors. With the help of its subsidiaries, the Group also assists hotels in optimising their direct online channel, creating booking engines, and supporting digital marketing. The company's maximum revenue is derived from hotel bookings. The company connect between supply and demand, empowering businesses and their travellers, with choice and confidence.

Ankorstore is a Paris-based B2B wholesale marketplace, founded in 2019, that connects independent retailers with independent brands across categories including home goods, grocery, fashion, beauty, and pet products. The platform lets more than 200,000 retailers source from over 15,000 brands across 23 European markets, offering more than a million products. Ankorstore operates from offices in Paris, London, Berlin, Amsterdam, and Stockholm and positions itself as an alternative to traditional wholesale distribution channels.

Tradeshift is a San Francisco-headquartered e-invoicing and supply chain platform founded in Copenhagen in 2008. It connects buyers including DHL, Airbus, and Unilever with suppliers in over 50 countries for procure-to-pay automation. Services cover digital invoicing, early payments, risk mitigation, and financing through APIs integrated with ERP systems like SAP and Oracle. The network eliminates paper processes for global transactions in manufacturing and logistics sectors.

Trax is a content aggregator and social marketplace for musicians. Artists build branded digital hubs offering exclusive tracks, videos, live streams, and merchandise to superfans. The platform handles payments, fan analytics, and direct messaging. San Francisco-based Trax serves independent acts and labels, processing fan subscriptions and event tickets globally.

Xingyun Group is a digital supply chain platform for consumer goods. It delivers SaaS tools for full-process management and one-stop direct-to-consumer services across categories. The company's global engine integrates resources in 72 countries and one region via nearly 160 warehouses, serving over 350,000 retailers in China while aiding overseas brands entering China and Chinese brands expanding abroad.

DealShare is an India-based social e-commerce platform enabling group buying of consumer products like groceries, beauty items, and electronics, targeting non-metro and rural users via mobile and social sharing.