Udaan raises USD 114 million in Series G funding
Bengaluru's Udaan, a B2B e-commerce platform, has secured USD 114 million in a Series G funding round led by M&G Investments and Lightspeed Venture Partners. The company plans to use the capital to strengthen its presence in the FMCG and HoReCa sectors, accelerate private label initiatives, and bolster its balance sheet for a potential public listing.
Bengaluru's Udaan, a B2B e-commerce platform, has secured USD 114 million in a Series G funding round led by M&G Investments and Lightspeed Venture Partners. The company plans to use the capital to strengthen its presence in the FMCG and HoReCa sectors, accelerate private label initiatives, and bolster its balance sheet for a potential public listing.
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