B2B trade platform udaan raises Rs 300 crore debt from Lighthouse Canton, Stride Ventures, others

Online B2B wholesale trade platform udaan, which focuses on small and medium businesses, on Monday announced the closure of its new debt funding of around Rs 300 crore from Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital. The latest round follows the $340 million Series E funding the company raised in December last year led by M&G Plc with participation from existing equity investors Lightspeed Venture Partners and DST Global.