Amod Malviya (Udaan)

Overview

Amod Malviya is a distinguished entrepreneur and engineer, best known as one of the co-founders of Udaan, a prominent business-to-business (B2B) e-commerce platform based in India. He has significantly contributed to India's startup ecosystem, particularly through his work in technology and commerce. Malviya's pivotal role at Flipkart as Chief Technology Officer (CTO) helped shape the technological infrastructure that supported the company’s rapid scaling. His entrepreneurial initiatives reflect a deep understanding of technology-driven businesses, underpinned by his academic background from the Indian Institute of Technology (IIT), Kharagpur.

Recent Developments

In recent years, Amod Malviya has continued to make waves in the startup ecosystem:

  • January 2025: Amod Malviya announced the launch of his new venture, Pre6, based in Bengaluru. This came a few months after stepping down from his board position at Udaan. Pre6 is set to focus on the "technology, information, and internet" sectors, although specific details have yet to be disclosed. This venture was made in partnership with Rishi Kedia, the former CFO of Udaan.

  • 2024: Malviya left his operational role at Udaan, signaling a shift towards new entrepreneurial projects and potentially advisory roles.

  • Late 2023: Udaan, under Malviya’s ongoing influence prior to his exit, faced challenges regarding its valuation, dropping to an estimated $1.8 billion, down from $3.2 billion in 2020. Despite these setbacks, the company raised $114 million in Series G funding and announced plans for an IPO in 2026.

Personal Information

AttributeInformation
Full NameAmod Malviya
BornApproximately 1983, India
NationalityIndian
OccupationEntrepreneur, Engineer
Known ForCo-Founder of Udaan
Net WorthEstimated INR 3500 crore
EducationIIT Kharagpur (Electrical Engineering)

Early Life and Education

Amod Malviya was born around 1983 in India. He pursued his education at the prestigious Indian Institute of Technology (IIT) Kharagpur, earning a degree in Electrical Engineering. This education laid the foundation for his deep understanding of complex systems and technology, which would later benefit his career in tech entrepreneurship. Growing up in India, Malviya was exposed to a vibrant intellectual environment, fostering his curiosity and passion for innovation. His formative years at IIT-Kharagpur were particularly influential, offering him technical knowledge and networking opportunities that facilitated his entry into India's burgeoning startup scene.

Career and Notable Achievements

  • Flipkart (2010-2015): Amod Malviya joined Flipkart, where he eventually became the Chief Technology Officer. He was instrumental in developing scalable technology architectures for one of India's most successful e-commerce platforms.

  • Udaan (2016-Present): In 2016, Malviya co-founded Udaan alongside fellow ex-Flipkart executives Vaibhav Gupta and Sujeet Kumar. He transitioned the company into one of India's fastest-growing startups, achieving unicorn status within just 26 months.

    • Notable Milestones:
      • Udaan raised $225 million in 2018, reaching unicorn status.
      • Continued strategic growth and technological advancements in B2B e-commerce have kept Udaan at the forefront of this market.

Current Work and Impact

Although Malviya has stepped down from day-to-day operations at Udaan, his work continues to influence many domains in the tech industry. The launch of Pre6 marks another chapter in his entrepreneurial journey, promising innovations in technology and internet sectors. Malviya’s influence on Udaan remains significant, with plans for further expansion and a potential IPO slated for 2026, reinforcing his impact on the Indian startup landscape.

Conclusion

Amod Malviya's impressive career trajectory highlights his pivotal role in shaping the Indian e-commerce and technology landscapes. From his pivotal contributions at Flipkart to the establishment of Udaan, Malviya has consistently demonstrated an ability to leverage technology for business innovation. His new venture, Pre6, signals yet another promising chapter that could potentially offer new solutions in the tech space. As he continues to drive change and encourage innovation, Amod Malviya's legacy within the startup ecosystem continues to grow, making him a definitive figure in India’s entrepreneurial narrative.

References

  1. YourStory
  2. Entrackr
  3. StartUpTalky
  4. Inc42
  5. Indian Startup Times
  6. Caproasia
  7. Werisebyliftingothers
  8. The Org
  9. Crunchbase
  10. Tracxn