Archive · 18 Jul 2025
Udaan Acquires ShopKirana, Boosting Retail Tech Expansion
Udaan, a company getting ready to sell shares to the public, bought ShopKirana, a company that helps small stores.
Udaan wants to grow and make more money.
This purchase is part of their plan.
ShopKirana's team will join Udaan.
Udaan also recently got $114 million in funding.
They plan to use the money to grow, especially in areas like food and restaurants.
In 2024, Udaan grew a lot and cut costs.
This acquisition is a step toward Udaan's goals.
Udaan, an IPO-bound B2B platform, has acquired ShopKirana in an all-stock deal.
ShopKirana is a retail-tech startup focused on empowering kirana stores.
The acquisition includes ShopKirana's founding team and entire team operating within Udaan.
Udaan recently closed a $114 million Series G fundraise led by M&G Investments and Lightspeed.
Udaan has seen 60% year-on-year growth in 2024 with improved contribution margins and reduced costs.
- Who
- Udaan acquired ShopKirana.
- What
- Udaan acquired ShopKirana in an all-stock deal.
- When
- Published on July 18, 2025
- Where
- Across various states where ShopKirana and Udaan operate.
- Why
- To reinforce category leadership, drive expansion, and unlock operating leverage.
- Acquisition
- ShopKirana
- Acquirer
- Udaan
- Deal Type
- All-stock
- ShopKirana Founders
- Deepak Dhanotiya, Sumit Ghorawat, and Tanutejas Saraswat
- Udaan Growth (2024)
- 60% year-on-year
- Funding Round
- $114 Million Series G