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

Business-to-business e-commerce firm raises capital from existing investor, was valued at $3.1 billion in January 2021

Peerzada Abrar Business Standard Bengaluru

Udaan has raised $120 million in convertible notes and debt from shareholders and bondholders, said India’s largest business-to-business e-commerce firm amid a funding winter for start-ups. Financing

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First Published: Oct 27 2022 | 2:16 PM IST

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