Udaan looks to deploy fresh proceeds to expand its outreach through micro-market strategy and boost go-to-market capabilities and operations
The company claims that the investment will also help Udaan to position itself as a preferred partner for kirana stores and small businesses
Founded in 2016 by Vaibhav Gupta, Sujeet Kumar and Amod Malviya, Udaan enables supply chain and logistics operations focused on B2B trade
B2B ecommerce unicorn Udaan
has marked the final close of its new debt funding round of INR 300 Cr from Lighthouse Canton, Stride Ventures, InnoVen Capital and Trifecta Capital.
The company looks to deploy the fresh proceeds to expand its outreach through micro-market strategy and boost go-to-market capabilities and operations.
It further aims to streamline its supply chain processes and open new micro-fulfilment centres, the startup said in a statement.
Additionally, the investment will also help Udaan to position itself as a preferred partner for kirana stores and small businesses.
(The story will be updated soon)
