B2B ecommerce platform udaan.com has secured $114M in a fresh funding round led by M&G Investments and Lightspeed.
The Bengaluru-based startup plans to scale its FMCG and HoReCa verticals, grow its private labels, and hit full EBITDA profitability within 18 months.
With over $2B raised to date, Udaan is preparing for a possible IPO in 12–24 months as it continues margin-focused growth and strengthens its fintech arm, UdaanCapital.
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By Anuj Suvarna
Udaan B2BEcommerce FMCG
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