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Udaan Funding: Udaan valuation dives to $1.8 billion in down round, ET Retail

Udaan Funding: Bengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It closed a $340 million financing last December by largely converting debt notes into equity. The round also included a fresh equity infusion. It did not disclose the valuation.
Vaibhav Gupta Sujeet Kumar Amod Malviya Udaan Funding Vaibhav Gupta Udaan Ipo

Deals in consumer, retail fell by a third in 2023, transaction value down 9% - Grant Thornton Bharat, ET Retail

Grant Thornton Bharat: The number of deals through mergers and acquisitions and private equity funding in the consumer sector dropped to 331 last calendar year from 514 a year earlier while the drop in value was 9% lower at $8.6billion against $9.3 billion largely led by ecommerce sector even as textiles, durables and retail sector saw higher deal count, said the report shared exclusively with ET.
Abu Dhabi Abuz Aby United Arab Emirates Rithish Kumar Thornton Bharat Naveen Malpani

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