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B2B Ecommerce gaint Udaan is in advance stage to raise equity funding

Udaan is planning to raise additional 250 million dollars from existing investors. Udaan is expecting to undergo massive valuation undercut.

Link: https://entrackr.com/2023/08/exclusive-udaan-in-talks-to-raise-new-round-valuation-may-drop-significantly/

15mo ago
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News Discussion
News Discussion1mo

Udaan in Talks for $100M Fresh Funding

  • B2B ecommerce unicorn Udaan is discussing a fresh funding round of $80-100 Mn with M&G Prudential.
  • This will increase M&G's stake in Udaan from the current 15%.
  • The funding will be at a flat valuation of $1.8 Bn.
  • Udaa...
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