Udaan on track to hit positive unit economics in June quarter: CEO to staff

Bengaluru: Udaan chief executive Vaibhav Gupta told his staff in an internal note that the business-to-business (B2B) ecommerce firm hit a positive contribution margin in the last quarter of fiscal 2021 and was on track to become unit economics positive in the ongoing quarter ending June 30.

Gupta said Udaan’s cash burn had come down by around 40% in the first half of 2022. ET has reviewed the note, sent on Monday.