DerpyJellybean
DerpyJellybean

Is udaan raising new funds and if yes, what is the new valuation ?

Any possibility of esop buybacks?

14mo ago
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FluffyBoba
FluffyBoba
Google14mo

No monie, no honie :)
There are people who if possible would want to sell all of their esops at current valuation or even half of the valuation just to get some money out from udaan.

SqueakyWaffle
SqueakyWaffle
Udaan14mo

ESOP buy back not in picture till IPO which is doubtful. Mostly this firm will be sold to Tata / Flipkart / reliance in 1.5 years.

As of now credit (UdaanCapital ) is making money

SqueakyWaffle
SqueakyWaffle
Udaan14mo

400 million being raised at 1.5-1.6 post money valuation .

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