B2B marketplace Udaan raises $120m, seeks to go public in 12-18 mths

B2B marketplace Udaan raises $120m, seeks to go public in 12-18 mths

Photo by Josh Appel on Unsplash

Business-to-business (B2B) marketplace Udaan, backed by investors such as Lightspeed India Partners and GGV Capital, has secured $120 million in convertible notes and debt, the company’s chief financial officer Aditya Pande told employees in an internal mail.