Udaan raises $340Mn! How did they manage this? Anybody knows the exact specifics?

The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last valuation was ~$3Bn so now more like in the $1-1.5Bn range.

After seeing founder of Udaan on WTF with Nikhil, I had judged him already

Great to know that Udaan will live on. Have two friends working there and honestly $340M should be runway for a very long time

Just want to meet the legendary investors who are giving them the money. Can someone fulfil this desire of mine

Anything B2B is difficult to scale, I guess they had a higher valuation

Apparently layoffs have started there…

You need to smokeup to get that buddy!!

Atleast half of it is the converting past debt into equity. So essentially that amount is already invested and burned in past.

Zerodha Founders - 72 cr per annum.

Udaan Founders - 100 cr per annum.

Company growth, PMF, actual use case ... Wo kya hota hai ???

Hume to Forbes ki wealthiest list me Jana hai bhai