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B2B unicorn Udaan raises Rs 300 crore debt funding from leading investors

  • B2B e-commerce platform Udaan has raised approximately Rs 300 crore in debt funding from investors including Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital.
  • The funding will help Udaan consolidate its market presence and execute strategic growth initiatives.
  • Udaan plans to expand its market reach through a Micro-Market strategy, targeting smaller regional markets to grow its network of small and medium-sized businesses (SMBs) across India.
  • The funding will also support Udaan's efforts to optimize operations, improve delivery, and enhance profitability, with reported progress towards achieving sustainable growth.

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