Udaan closes $36m debt round to scale up market footprint

Udaan closes $36m debt round to scale up market footprint

(From left to right) Amod Malviya, Vaibhav Gupta, Sujeet Kumar, co-founders, Udaan

Indian business-to-business (B2B) marketplace Udaan on Monday said it has raised Rs 300 crore ($35.7 million) in debt financing from investors including Lighthouse Canton, Stride Ventures, InnoVen Capital, and Trifecta Capital.

Edited by: Padma Priya