Archive · 3 Jun 2025
Udaan Raises $114 Million in Series G Funding
Udaan, an online platform for businesses to buy and sell goods, has raised $114 million from investors.
The company, valued at $1.8 billion, will use the funds to expand its presence in areas like food and daily essentials.
Udaan previously raised funds in 2023 at the same valuation.
The company also reported strong revenue growth in 2024.
Udaan, a B2B e-commerce platform, raised $114 million.
The funding round was led by M&G Investments and Lightspeed.
The company is valued at approximately $1.8 billion.
Funds will be used to strengthen its category presence, particularly in FMCG and staples.
The company reported over 60% year-on-year revenue growth in 2024.
- Who
- Udaan, led by M&G Investments and Lightspeed.
- What
- Secured $114 million in funding.
- When
- Not explicitly mentioned.
- Where
- Bengaluru
- Why
- To deepen its category presence, particularly in FMCG and staples.
- Funding Amount
- $114 million
- Valuation
- $1.8 billion
- Lead Investors
- M&G Investments and Lightspeed
- Company Type
- B2B e-commerce platform
- 2024 Revenue Growth
- 60%+ YoY
