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B2B unicorn Udaan sacks up to 350 employees in second round of layoffs in five months

This is the second round of layoffs at the company in about five months. In June, the Bengaluru-based company had handed pink slips to 180 employees.

Aaditya pandeChief financial officer aditya pandeLightspeed ventures

Udaan raises $120 mn in funding winter, plans IPO in 12-18 months

The Bengaluru-headquartered startup improved its unit economics by "1,000bps with equally strong improvements in both gross margins and operating cost. Get more Small Business News and Business News on Zee Business.

Aaditya pandeE commerce firmsFinance sectorUsiness to businessUsiness newsEe business

Lightspeed-backed Indian commerce Udaan raises $120 million

The new financing brings Udaan's overall funding in convertible notes and debt in the last four quarters to over $350 million, the company said.

Amod malviyaVaibhav guptaSujeet kumarAaditya pandeBoat lifestyleLightspeed india partners

B2B marketplace Udaan raises $120m, seeks to go public in 12-18 mths

The round has been led by the startup’s existing shareholders and bondholders.

Amod malviyaVaibhav guptaSujeet kumarAaditya pandeLightspeed india partnersSamena capitalAltimeter capital

B2B e-commerce unicorn Udaan raises $120 mn, ready to go public in 12-18 months

With this, the total funding raised by the ecommerce unicorn in convertible notes and debt stands at $300 million, the company’s Chief Financial Officer, Aditya Pande wrote in an email.

Amod malviyaVaibhav guptaSujeet kumarAaditya pandeChief financial officerLightspeed venturesUdaan ipoE commerce unicornE commerce unicorn udaanE commerce firmsUpcoming ipoDaan plans for ipoBengaluru based udaanDaan funding 2022Daan ipo valuationFinance sector

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