Udaan gets $300 million from Altimeter, GGV, others https://ift.tt/2zAJvm7 - Walletnews For Me

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    Saturday, August 31, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Udaan gets $300 million from Altimeter, GGV, others https://ift.tt/2zAJvm7

    Udaan gets $300 million from Altimeter, GGV, others https://ift.tt/2zAJvm7

    Udaan, an online marketplace that supplies products and gives loans to small merchants, has raised $300 million (Rs 2,143 crore) from a mix of new and existing investors. Silicon Valley’s hedge fund Altimeter Capital, venture capital fund GGV Capital, and existing investors like DST Global and Lightspeed Venture Partners have pumped in new capital in the Bengaluru-based startup, regulatory filings from Singapore showed.
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