๐Ÿ’ฐ ๐Ÿšจ Udaan says it has raised $114 million in fresh equity from existing backers M&G Investments and Lightspeed.

"We have reduced our EBITDA burn by 40% every year for the last 3 years and are on track to achieve full group EBITDA profitability in the next 18 months," said CEO Vaibhav Gupta.


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