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

The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last valuation was ~$3Bn so now more like in the $1-1.5Bn range.

After seeing founder of Udaan on WTF with Nikhil, I had judged him already

Great to know that Udaan will live on. Have two friends working there and honestly $340M should be runway for a very long time

Just want to meet the legendary investors who are giving them the money. Can someone fulfil this desire of mine