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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/

14mo ago
Rebelwithacause
Rebelwithacause
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Acha hai

RamsayBrothers
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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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StartupMinion
StartupMinionStealth14mo

B2B E-Commerce future

After closure of B2B vertical of Dealshare, will Udaan/Ninjacart/Elasticrun, etc. also close this vertical? Anyone from these companies who can share some details as to what's going on?