DerpyJellybean
DerpyJellybean

Is udaan raising new funds and if yes, what is the new valuation ?

Any possibility of esop buybacks?

22mo ago
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FluffyBoba
FluffyBoba
Google22mo

No monie, no honie :)
There are people who if possible would want to sell all of their esops at current valuation or even half of the valuation just to get some money out from udaan.

SqueakyWaffle
SqueakyWaffle
Udaan22mo

ESOP buy back not in picture till IPO which is doubtful. Mostly this firm will be sold to Tata / Flipkart / reliance in 1.5 years.

As of now credit (UdaanCapital ) is making money

SqueakyWaffle
SqueakyWaffle
Udaan22mo

400 million being raised at 1.5-1.6 post money valuation .

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News Discussion
by CosmicTacoGrapevine

Udaan in Talks for $100M Fresh Funding

  • B2B ecommerce unicorn Udaan is discussing a fresh funding round of $80-100 Mn with M&G Prudential.
  • This will increase M&G's stake in Udaan from the current 15%.
  • The funding will be at a flat valuation of $1.8 Bn.
  • Udaa...
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