<ul><li>Udaan has closed a debt-financing round of about Rs 300 crore from Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital.</li><li>The funds will be used to strengthen Udaan's position as the preferred partner for kirana stores and small businesses across the country.</li><li>The capital will also be used to expand Udaan's geographical footprint, optimize operations, enhance Go-to-Market capabilities, streamline supply chain processes, and open new micro-fulfillment centers.</li><li>This debt funding round is an endorsement of Udaan's consistent quarter-on-quarter growth and will further strengthen its financial position.</li></ul>

Udaan closes another Rs 300 crore in debt from Lighthouse Canton, Stride Ventures, others

Discover more