E-commerce firm Udaan raises about Rs 300 crore in debt funding round
By
Binu Mathew
Udaan, India’s largest business-to-business (B2B) e-commerce firm, has secured a new round of debt financing from leading investors, including Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital. Collectively, these investors have contributed approximately Rs 300 crore to Udaan during the current financial year. As this is debt funding, the firm’s valuation remains unchanged.