EnterpriseInc42about 3 hours ago
Udaan Lines Up $160 Mn Financing Round
3 min read
B2B ecommerce unicorn Udaan announced a $160 Mn financing round comprising fresh equity, new debt, and debt-to-equity conversion. A new investor and existing investors are participating, with a $45 Mn private credit commitment from a leading investment management firm. The transaction aims to strengthen the balance sheet and simplify capital structure ahead of a public listing.
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