Udaan closes latest funding round at $114 million led by UK’s M&G, Lightspeed

June 2, 2025

, By The Economic Times

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Business-to-business ecommerce platform Udaan has closed a $114 million funding round led by existing investors M&G Prudential (UK) and Lightspeed Venture Partners, the company said in a press statement on Monday.

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 first reported by ET in February.

Udaan’s valuation had dropped by 44% in 2023 to around $1.8 billion, down from its…

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Udaan closes latest funding round at $114 million led by UK’s M&G, Lightspeed

June 2, 2025

, Published By The Economic Times

Business-to-business ecommerce platform Udaan has closed a $114 million funding round led by existing investors M&G Prudential (UK) and Lightspeed Venture Partners, the company said in a press statement on Monday.

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 first reported by ET in February.

Udaan’s valuation had dropped by 44% in 2023 to around $1.8 billion, down from its…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

udaan secures $114 million in Series G funding led by M&G Investments and Lightspeed

Next News

KICH Powers Accessibility and Innovation in Kanpur Metro: Building India’s Future, One Detail at a Time

The Economic Times

More like this

Popular

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