Udaan raises $280 Mn in its extended Series D round
Shortpedia
Content Team
Image Credit: shortpedia
B2B e-commerce platform Udaan has raised $280 million in its extended Series D round from new and existing investors. Octahedron Capital and Moonstone Capital are the two new investors who joined existing backers Lightspeed, DST Global, GGV Capital, Altimeter and Tencent in the round. According to Udaan, the additional financing will be utilised to expand its B2B e-commerce market and enhance business capabilities.
