CosmicTaco

Udaan in Talks for $100M Fresh Funding

CosmicTaco · 2024-10-24T09:11:59.876510+05:30

- B2B ecommerce unicorn **Udaan** is discussing a fresh funding round of $80-100 Mn with M&G Prudential. - This will increase M&G's stake in Udaan from the current **15%**. - The funding will be at a flat valuation of **$1.8 Bn**. - Udaan previously raised $340 Mn in a Series E round led by M&G Prudential in December 2023. - The company enables supply chain and logistics operations focused on B2B trade, delivering daily across over 1,000 cities and 12,500 pin codes. Source: [Inc42](https://inc42.com/buzz/udaan-seeks-fresh-funding-of-up-to-100-mn/)

B2B ecommerce unicorn Udaan is discussing a fresh funding round of $80-100 Mn with M&G Prudential.
This will increase M&G's stake in Udaan from the current 15%.
The funding will be at a flat valuation of $1.8 Bn.
Udaan previously raised $340 Mn in a Series E round led by M&G Prudential in December 2023.
The company enables supply chain and logistics operations focused on B2B trade, delivering daily across over 1,000 cities and 12,500 pin codes.

Source: Inc42