60 million from existing backers Lightspeed, M&G: sources
Published on: May 25, 2026, 6 a.m. | Source: The Economic Times
The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO).
