Posted in Finance
Cornerstone Ventures Reveals 200 Mn Dollars Corpus for Second Investment Fund
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Posted in EducationGovernment
Byju’s Rights Issue Got Delayed by NCLT Amid Investors’ Allegations
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Posted in Business
Udaan Secures $340 Million in Series E Funding, Experiences 59.3% Valuation Dip
Three points you will get to know in this article: Udaan, the B2B e-commerce platform, recently revealed a substantial boost in funding with a noteworthy $340 million injection during its Series E round. The financing was jointly led by M&G Plc and Lightspeed Partners Venture, alongside ongoing support from existing investors like DST Global and Tencent, among others. It’s worth…
Posted in BusinessEcommerceSocial Media
Udaan Undertakes Strategic Restructuring with Layoffs Amid Business Consolidation
Three points you will get to know in this article: In September, Udaan, the B2B e-commerce platform, underwent a strategic restructuring that led to the unfortunate layoff of over 100 dedicated employees. The company, headquartered in Bengaluru, undertook a comprehensive reorganization, uniting its essentials business encompassing FMCG, staples, and pharma with the discretionary business covering general merchandise, lifestyle, and electronics.…
B2B Online Marketplace Udaan Raises Rs 139 Crore From Singapore-Based Parent
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