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Udaan, the Bengaluru-based B2B e-commerce unicorn, has acquired retail-tech startup ShopKirana in an all-stock transaction, marking a strategic consolidation in India’s eB2B segment.
The move comes shortly after Udaan raised $114 million in its Series G round led by M&G Investments and Lightspeed. The deal is expected to strengthen Udaan’s operational efficiency, deepen its presence in key markets, and boost its path to profitability and IPO, the company said in a press…
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Udaan, the Bengaluru-based B2B e-commerce unicorn, has acquired retail-tech startup ShopKirana in an all-stock transaction, marking a strategic consolidation in India’s eB2B segment.
The move comes shortly after Udaan raised $114 million in its Series G round led by M&G Investments and Lightspeed. The deal is expected to strengthen Udaan’s operational efficiency, deepen its presence in key markets, and boost its path to profitability and IPO, the company said in a press…
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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