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.
• Udaan previously raised $340 Mn in a Series E round led by M&G Prudential in December 2023.
• The company enables supply chain and logistics operations focused on B2B trade, delivering daily across over 1,000 cities and 12,500 pin codes.

Source: Inc42