Udaan, a B2B e-commerce platform, secures funding of US $ 280 million (Rs. 205 crore) in additional financing to support the company’s expansion plan in the country.
The investment has been received from its existing investors including Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital and Tencent as well as from new investors like Octahedron Capital and Moonstone Capital.
Moreover, the money will also be utilised for enhancing the selection of products and categories and the technology platform, in addition to expanding its SME financing capabilities and reinforcing its supply-chain infrastructure.
Udaan is the only e-commerce platform in India to take mobile-first approach. It offers products across various categories including apparels, clothing accessories, electronics and footwear, amongst others.
It was started by Flipkart veterans Sujeet Kumar, Amod Malviya and Vaibhav Gupta back in 2016.
Bharat Tex Special Report 2026 
