Udaan Elevates Market Presence with $114M Funding Boost

Udaan Elevates Market Presence with $114M Funding Boost

Udaan Elevates Market Presence with $114M Funding Boost eB2B platform udaan has successfully raised $114 million in fresh equity capital during a funding round spearheaded by M&G Investments and Lightspeed. The company announced that these funds will be pivotal in expanding its reach across key categories and enhancing its customer base, specifically targeting the Fast-Moving Consumer Goods (FMCG) and Hotel, Restaurant, and Catering (HoReCa) sec…

How Udaan Transformed B2B Trading: From Complexity to Convenience

The modern consumer relies on a network of traders, wholesalers, retailers, and manufacturers for a myriad of essential products. E-commerce has made shopping easier for customers, but it has also created difficulties for the different participants in the supply chain.Building relationships inside the distribution channel has proven to be a challenging undertaking for retail stores, store owners, and anyone involved in the wholesaling and retail…

Udaan Closes Series G Round At $114 Mn Udaan Closes Series G Round At $114 Mn

B2B ecommerce major Udaan today said it has marked the final close of its Series G funding round at $114 Mn (around INR 974 Cr). The round was raised in two tranches. While in the first tranche the startup secured $75 Mn from existing investors M&G Prudential and Lightspeed Venture Partners, in the second round it bagged $39 Mn from existing and new investors. With the freshly raised capital, Udaan plans to bolster its category and customer foot…