Udaan targets early-2028 IPO as losses narrow
In short
Udaan is aiming for an IPO by early 2028 as its business improves. The company expects FY26 revenue to rise 10% to 12%, and losses to fall by about 20%. CEO Vaibhav Gupta is targeting profit by the end of 2027.
This matters because investors watch whether the company can turn profitable before listing. The report does not say if the IPO process has started or which exchange it will use.
What the reporting says
B2B e-commerce firm Udaan is targeting an IPO by early 2028 as its turnaround takes hold, according to a Business Standard summary. The report says the company expects FY26 revenue to grow 10% to 12% while losses narrow by about 20%, and CEO Vaibhav Gupta is targeting profitability by the end of 2027. The filing or bank mandate is not stated, and the listing plan remains a target rather than a confirmed launch.
Why it matters
Udaan is targeting an IPO by early 2028 as its turnaround improves, according to a Business Standard summary. The company expects FY26 revenue growth of 10% to 12% and about a 20% reduction in losses, with profitability targeted by end-2027. The report frames the listing as a target, not a completed step. The key relevance is to Udaan’s funding path and investor expectations for a B2B e-commerce business.