B2B trade platform, Udaan’s CFO Aditya Pande Resigned, the company said in a release on Monday. Additional senior-level organizational changes were also announced by the corporation, including the promotion of Group Financial Controller Kiran Thadimarri to the executive management team.
In addition, Thadimarri will be accountable to the CEO for managing corporate finance, corporate audit, and treasury operations. The business stated that Thadimarri and Menon’s goal is to enable Udaan to attain operational profitability and public market preparedness within the next 12 to 18 months, by further enhancing the company’s financial and governance procedures.
“These organisational changes are to promote future leaders from our strong talent pipeline while laying the foundation for the next phase of the growth journey. We believe that empowering our internal leaders will not only strengthen our operational capabilities but also drive sustainable growth,” said Vaibhav Gupta, cofounder & CEO, Udaan. “I would like to thank Aditya for his invaluable contribution to the organisation and wish him the very best in his future endeavours.”
Founded in 2016 with a vision to “transform the way trade is done in India leveraging technology”, udaan is India’s largest business-to-business e-commerce platform. It has operations across categories including lifestyle, electronics, home & kitchen, staples, fruits and vegetables, FMCG, pharma, toys and general merchandise.