India: Tencent-backed B2B marketplace Udaan plans IPO in 18-24 months, appoints CEO

India: Tencent-backed B2B marketplace Udaan plans IPO in 18-24 months, appoints CEO

(From left to right) Amod Malviya, Vaibhav Gupta, Sujeet Kumar, co-founders, Udaan

Business-to-business (B2B) e-commerce platform, Udaan, said on Friday that it will shift to a formal chief executive officer (CEO)-led model, appointing co-founder Vaibhav Gupta to the post as the first step.

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