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Udaan raises $280m in Series D funding

India based B2B e-commerce and payments firm raises $280m in Series D funding led by Octahedron Capital and Moonstone Capital.

“Udaan is at the forefront of this uniquely Indian e-commerce opportunity, emerging in the last four years as one of the largest e-commerce platforms in India, while taking an India-first mobile-first approach to e-commerce. This financing enables us to further our journey of taking e-commerce to the depth and breadth of the country, with Udaan’s unique low-cost model for core middle India,” he said.

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payments, india, ecommerce