Udaan Closes Series G Round At $114 Mn

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SUMMARY

Udaan has closed its Series G funding round at $114 Mn

With the newly raised capital, the startup plans to bolster its category and customer footprint

Udaan is gearing up for an IPO and secured NCLT’s nod for consolidation of its various business entities into a unified entity

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…



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Udaan Closes Series G Round At $114 Mn


SUMMARY

Udaan has closed its Series G funding round at $114 Mn

With the newly raised capital, the startup plans to bolster its category and customer footprint

Udaan is gearing up for an IPO and secured NCLT’s nod for consolidation of its various business entities into a unified entity

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…



Source link

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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