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Udaan secures $40M in debt funding from Lighthouse Canton, Stride Ventures for expansion and supply chain optimization.
Udaan, an online B2B platform, has secured Rs 300 crore (approximately $40 million) in a debt-financing round from investors including Lighthouse Canton and Stride Ventures.
The funds will support Udaan's expansion, optimize operations, and enhance supply chain processes, reinforcing its position as a key partner for small businesses in India.
This funding follows a $340 million Series E round in December 2023, reflecting Udaan's consistent growth.
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Udaan asegura $40 millones en financiación de deuda de Lighthouse Canton, Stride Ventures para la expansión y optimización de la cadena de suministro.