Weekly Startup Funding: Ecommerce Startup Udaan keeps Soaring High

It seems that Indian startups have developed a special immunity system that is resisting all the talks of gloom and doom surrounding the Indian economy. Don’t know for how long this immunity will work but until then Indian startups can walks to their banks with a huge smile as investors continue to pour capital despite…

ByGirish ShettiOctober 5, 20190Comments

Funding News

Udaan keeps Soaring high with Fresh Funding of $585 Mn

If sky is indeed the limit then no one knows this better than B2B e-commerce platform Udaan. After becoming the youngest Indian unicorn company last year, Udaan has soared even higher with fresh funding round of $585 Mn. Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital, and Citi Ventures spearheaded the massive fundraising round. Existing investors Lightspeed…

ByGirish ShettiOctober 3, 20190Comments

Funding News

Udaan’s Valuation may touch $2.2 Bn with Fresh Funding Round

True to its name, online marketplace for SMEs and small businesses Udaan is taking flight to new horizons. After achieving the fastest unicorn tag last year, the Bengaluru headquartered startup is now inching closer to double its market valuation with a new funding round. People privy to the matter claim that the startup is in…

ByGirish ShettiJuly 29, 20190Comments

Funding News News

B2B Platform Udaan raises $225 million to become fastest Unicorn startup

B2B trade platform Udaan has reportedly raised $225 million (Rs 1,575 crore) from existing investors DST Global and Lightspeed Venture Partners’ global fund. While on the onset this may seem like an usual fundraising affair, but this funding holds a special importance for Udaan. With this fundraising round, Udaan has become the fastest Indian startup to…

ByGirish ShettiSeptember 3, 20180Comments

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