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B2B e-commerce platform Udaan has secured $114 million in Series G funding led by M&G and Lightspeed. With a flat $1.8B valuation, Udaan plans to expand FMCG and HoReCa operations, cut costs further, and achieve EBITDA profitability ahead of a 2026 IPO, while continuing to lead India's digital wholesale market.
short by / 05:23 pm on 02 Jun
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