Udaan announces $160 million financing | Bengaluru News
Bengaluru: B2B ecommerce platform Udaan on Tuesday announced a proposed $160 million financing transaction comprising fresh equity, new debt and the conversion of existing debt into shares.The transaction broadly includes about $50 million in fresh equity from Lightspeed Venture Partners and M&G Prudential, around $50 million in private credit from BlackRock and the conversion of…