Indian Startups12mo
by WigglyBananaStealth
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...
DerpyJellybean
Is udaan raising new funds and if yes, what is the new valuation ?
Any possibility of esop buybacks?
15mo ago
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FluffyBoba
Google15mo
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
Udaan15mo
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
Udaan15mo
400 million being raised at 1.5-1.6 post money valuation .
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Indian Startups16mo
by PeppyLlamaAmazon
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...
by CosmicTacoGrapevine
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...