{"id":871148,"date":"2024-10-29T08:15:31","date_gmt":"2024-10-29T02:45:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=871148"},"modified":"2024-10-29T08:15:12","modified_gmt":"2024-10-29T02:45:12","slug":"udaan-raises-rs-300-crore-in-debt-financing","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/29\/udaan-raises-rs-300-crore-in-debt-financing\/","title":{"rendered":"Udaan raises Rs 300 crore in debt financing"},"content":{"rendered":"<p>B2B e-commerce startup Udaan on Monday said it has raised nearly Rs 300 crore in a debt financing round from investors such as Lighthouse Canton, Stride Ventures, InnoVen Capital and Trifecta Capital. This round follows Udaan\u2019s $340-million Series E funding round in December last year, which was led by UK-based M&amp;G. <\/p>\n<p>Besides strengthening its balance sheet, the company plans to use the funds to scale its geographical footprint through its \u2018micro-market strategy\u2019, which creates a small, geographically-confined area, typically including a single or a group of PIN codes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>B2B e-commerce startup Udaan on Monday said it has raised nearly Rs 300 crore in a debt financing round from investors such as Lighthouse Canton, Stride Ventures, InnoVen Capital and Trifecta Capital. This round follows Udaan\u2019s $340-million Series E funding round in December last year, which was led by UK-based M&amp;G. Besides strengthening its balance sheet, the company plans to use the funds to scale its geographical footprint through its \u2018micro-market strategy\u2019, which creates a small, geographically-confined area, typically including a single or a group of PIN codes.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-871148","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=871148"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871148\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=871148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=871148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=871148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}