IPO-bound B2B unicorn Udaan raises funding from Temasek’s EvolutionX Debt Capital
Image Credit: Inc42
B2B ecommerce platform Udaan has raised an undisclosed amount of debt funding from growth stage debt financing platform EvolutionX Debt Capital. This marks EvolutionX Debt Capital’s second investment in India, followed by the first one in PharmEasy. The fresh capital will improve the startup’s financial strength as well as continue to drive its operational efficiencies, it said in a statement.