Absolutely baseless: Udaan on report of 2 founders exiting startup

B2B e-commerce startup Udaan told Moneycontrol that report of two of its Co-founders, Sujeet Kumar and Amod Malviya, exiting the startup is "absolutely baseless and wild" speculation. This comes after Udaan appointed Co-founder Vaibhav Gupta as its CEO last week. "Co-founders always envisioned Udaan as an institution that is professionally run and will last beyond them," the company said.