The approved restructuring will boost Udaan's agility and open up various financing avenues, including the ability to pursue an IPO in India by 2026, according to sources.
India’s Udaan has raised $120 million in convertible notes and debt led by existing shareholders and bondholders, a top executive told employees in an email Thursday and seen by TechCrunch, as the ...
B2B ecommerce startup Udaan bets on its fiscal discipline and correcting the errors that drove it into financial woes A multi-stream revenue model helps the troubled startup rebuild its topline, while ...
Add Yahoo as a preferred source to see more of our stories on Google. The investment arm of the U.K. retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce ...
After years of chasing scale across hundreds of cities, B2B e-commerce platform Udaan has pivoted to a smaller footprint, doubling down on city-level density, and targeting the vast “mass India” ...
Business-to-business marketplace Udaan has raised $280 million from new and existing investors as the Indian startup builds a war-chest to accelerate its growth and fend off rivals. The new capital is ...
Last Thursday, the company raised $340 Mn in its Series E funding round led by UK-based savings and investment firm M&G Prudential, with participation from its existing investors Lightspeed Venture ...
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