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Udaan secures $340 million in debt, equity from M&G Plc, other existing investors

Udaan’s business is now fully funded and on course to achieve its objective of becoming profitable in the next 12-18 months, per the company. ....

Sujeet Kumar , Amod Malviya , Bejul Somaia , Niranjan Sirdeshpande , Vaibhav Gupta , Mg Plc , Lightspeed Venture Partners , Lightspeed Venture ,

B2B marketplace Udaan raises $340M in Series E round led by UK's M&G Plc

B2B marketplace Udaan raises $340M in Series E round led by UK's M&G Plc
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City Of , United Kingdom , Vaibhav Gupta , Gaurav Bhalotia , Sujeet Kumar , Amod Malviya , Niranjan Sirdeshpande , Mg Plc , Tencent Holdings , Temasek Backed Evolutionx Debt , Chief Technology Officer Gaurav ,

India's B2B marketplace Udaan raises $340m, eyes public listing

Udaan has raised $340 million in a Series E funding round, led by M&G Plc, in a mix of equity and convertible notes. ....

United Kingdom , Amod Malviya , Sujeet Kumar , Vaibhav Gupta , Mg Plc , Lightspeed Venture Partners , Samena Capital , Altimeter Capital , Evolutionx Debt Capital ,