The round, executed at a flat valuation of $1.8 billion, includes the previously disclosed $75 million infusion from the two investors, which founder and CEO Vaibhav Gupta had announced during a townhall earlier this year, as data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://m.economictimes.com/tech/funding/udaan-raises-75-million-from-uks-mg-lightspeed-at-flat-valuation/articleshow/118324559.cms” data-type=”tilCustomLink” target=”_blank”>first reported by ET in February.
Udaan’s valuation had data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/udaan-valuation-dives-to-1-8-billion-in-down-round/articleshow/106875435.cms” data-type=”tilCustomLink” target=”_blank”>dropped by 44% in 2023 to around $1.8 billion, down from its…
