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Udaan raises $75M to boost e-commerce efforts, seeks another $25M for growth.
Udaan, a B2B e-commerce firm, has secured $75 million from existing investors M&G Prudential and Lightspeed Venture Partners, with plans to seek an additional $25 million soon.
The funds will be used to enhance customer experience and strengthen vendor partnerships.
The company is also focusing on stabilizing operations and improving its financial efficiency amid a challenging funding environment.
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Udaan recauda $75M para impulsar los esfuerzos de comercio electrónico, busca otros $25M para el crecimiento.