Udaan
- STARTUPSSTARTUPS · 2 min
Swiggy sells B2B arm for ₹500 crore, takes 3.2% stake in Udaan
Swiggy Ltd. has sold its entire stake in its B2B distribution arm Lynk Logistics to Trustroot Internet Pvt. Ltd., the parent company of commerce platform Udaan, for ₹500 crore.
07 Sept, 09:28 pm IST - FUNDINGFUNDING · 2 min
Udaan secures $160 million financing round to strengthen balance sheet
B2B ecommerce unicorn Udaan has announced a $160 million financing round aimed at strengthening its balance sheet and simplifying its capital structure.
14 Jul, 09:22 pm IST - FUNDINGFUNDING · 2 min
Udaan faces insolvency proceedings over $170 million bond default
Udaan, the B2B ecommerce unicorn, is facing insolvency proceedings initiated by overseas creditors over a $170 million bond default, according to inc42.com.
03 Jul, 09:22 am IST - FUNDINGFUNDING · 2 min
Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sources
Udaan is in talks to raise $50-60 million from its existing investors Lightspeed Venture Partners and M&G, according to economictimes.indiatimes.com.
25 May, 07:14 am IST