Udaan gets NCLT nod for biz consolidation ahead of potential IPO
Written by: Planify
Published: 15 January 2025
Updated: 20 January 2025
1 min read
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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