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

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

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

Udaan14mo

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

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Curated from across

Indian Startups12mo

Udaan raises $340Mn! How did they manage this? Anybody knows the exact specifics?

Top comment

The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last val...

Indian Startups15mo

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-dr...

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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