India’s Udaan raised $120 million led by existing shareholders and bondholders

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India’s Udaan raised $120 million led by existing shareholders and bondholders

India’s Udaan raised $120 million in convertible notes and debt led by existing shareholders and bondholders.

Udaan is addressing this issue by linking small retailers with wholesalers and traders. Thousands of brands, including Coca-Cola, PepsiCo, Boat Lifestyle, Micromax, HP, LG, ITC, HUL, and P&G, have signed up with the startup, which now serves over 3 million retailers and small and medium-sized businesses. Its supply chain and logistics operations for daily delivery cover over 1,000 cities and 12,000 zip codes.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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India’s Udaan raised $120 million in convertible notes and debt led by existing shareholders and bondholders.

Udaan is addressing this issue by linking small retailers with wholesalers and traders. Thousands of brands, including Coca-Cola, PepsiCo, Boat Lifestyle, Micromax, HP, LG, ITC, HUL, and P&G, have signed up with the startup, which now serves over 3 million retailers and small and medium-sized businesses. Its supply chain and logistics operations for daily delivery cover over 1,000 cities and 12,000 zip codes.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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