MergerLinks Header Logo

Announced

B2B unicorn Udaan raises $373m, at a valuation of $2.3bn.

Synopsis

Udaan, the fastest Indian startup to achieve the coveted unicorn status, raised $373m from new and existing investors in an ongoing Series D round. The business-to-business (B2B) online marketplace has raised funds from Altimeter Capital, GGV Capital, and Hillhouse Capital, besides existing investors DST Global and Lightspeed Venture Partners. The latest fund infusion more than doubles Udaan’s valuation to $2.3bn. “The capital is being raised will be used to build the supply chain network and scale up the non-banking finance business,” Udaan said.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US