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E-commerce firm Udaan raises $340 million ahead of planned IPO in 2025: Report

Udaan's Series E funding round for $340 million was done through a combination of fresh equity and conversion of debt.

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Udaan raises USD 340 mn in Series E, Retail News, ET Retail

The funding includes a combination of fresh equity as well as the conversion of existing debt (convertible notes) into equity. Udaan plans to use the funds to strengthen customer experience, market penetration, strategic vendor partnerships, and to reinforce long-term capabilities of supply-chain and credit, the release read.

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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.

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udaan announces $340 million series E financing - Business Telegraph

udaan announces $340 million series E financing - Business Telegraph
businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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Lightspeed-backed Udaan converts debt into equity, pushes back listing plan

Business-to-business unicorn Udaan has converted some debt into equity as part of its Series E funding round and pushed back its plan to go public ......

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Junk Stocks Are Leading This Melt-Up While Big Tech Pauses for Breath

Junk Stocks Are Leading This Melt-Up While Big Tech Pauses for Breath
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Udaan clinches USD 340 mn financing

Udaan clinches USD 340 mn financing
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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Markets today: U.S. stock bull run is flashing signs of exhaustion

Markets today: U.S. stock bull run is flashing signs of exhaustion
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Investegate | Company Announcement

Investegate announcements from Notification of Major Holdings

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Pension Fund Giant M&G Dives Into Crypto Derivatives With $20 Million Investment

In a significant development for the institutional adoption of digital assets, M&G Investments, the asset management arm of pensions giant M&G Plc, has…

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