udaan
udaan.com
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Overview
udaan operates a business-to-business ecommerce platform for small retailers. Its marketplace connects manufacturers and wholesalers with neighbourhood shops. The company also provides logistics and working capital to buyers.
News
Udaan raises $160 million in fresh financing to strengthen balance sheet ahead of IPO plans
Udaan secures $160 million in funding to enhance its balance sheet and prepare for future IPO plans.
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Udaan announces $160 million structured financing; BlackRock likely to invest $45 million
B2B e-commerce company Udaan is raising $160 million through new equity and debt restructuring with BlackRock expected to invest $45 million. The move follows improved operating performance amid insolvency proceedings against its holding entity.
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B2B e-commerce platform Udaan raises $280 million
Business-to-business marketplace Udaan has raised $280 million from new and existing investors as the Indian startup builds a war-chest to accelerate its growth and fend off rivals.
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