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Udaan raises Rs 300 Cr in debt funding from Lighthouse Canton, Stride Ventures and others

  • Udaan, the eB2B platform, has raised Rs 300 crore in a debt financing round.
  • The funding comes from investors including Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital.
  • Udaan plans to use the funds to expand its geographical footprint, enhance its 'Go-to-Market' plans, and improve the supply chain.
  • The company aims to drive profitability and solidify its market position in various categories including FMCG, staples, fruits and vegetables, and pharma.

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