Debt financing
Udaan recures Rs.300-Cr in debt from Lighthouse Canton, Others
B2B ecommerce unicorn Udaan has raised INR 300 Cr in debt funding from Lighthouse Canton, Stride Ventures, InnoVen Capital and Trifecta Capital. The new funds will be used to expand its outreach through micro-market strategy and boost go-to-market capabilities and operations.Founded in 2016 by Amod Malviya, Sujeet Kumar and Vaibhav Gupta, Udaan operates across diverse categories including FMCG, Staples, Fruits & Vegetables, and Pharma through its E-Commerce platform.
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