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UDAAN
Udaan
EB2B (business-to-business e-commerce) trade platform · Bengaluru, Karnataka · India · Founded · 2016 · ≈ · 3,000 · employees

Udaan Funding — Last Valued at $3.1B

Company

Udaan has raised $899M across 4 funding rounds, plus 2 undated rounds. The company is valued at $3.1B.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Udaan funding · at a glance
Total raised, all rounds
$899M
sum of disclosed sizes
Funding rounds
4
plus 2 undated rounds
Latest round
Jul 2026
Jul 2026
Lead on that event
Proposed transaction comprising fresh equity, new debt and debt-to-equity conversion, to strengthen balance sheet and support long-term growth
2026
Funding timeline

The Udaan funding timeline

4 funding rounds, the latest highlighted.

2016
Udaan founded

Udaan was founded in 2016, India.

UNDATED
Series C, Series B

No date is disclosed for this round.

NOV 2016
Series A

A primary round — the company sells new shares to investors it selects. $10M raised, led by Lightspeed Venture Partners.

Valuation basisAmount$10MPrice / shareLeadLightspeed Venture Partners
DEC 2023
Series E

Includes convertible debt; Lightspeed Venture Partners and DST Global also participated. $340M raised, led by M&G Prudential.

Valuation basisAmount$340MPrice / shareLeadM&G Prudential
FEB 2025
Series G

With participation from existing investors. $114M raised, led by M&G, Lightspeed.

Valuation basisAmount$114MPrice / shareLeadM&G, Lightspeed
STATUS: NOT ANNOUNCED

No filing has been made.

Funding rounds

Udaan funding rounds in full

4 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Balance-sheet financing (equity + debt + debt-to-equity conversion) LATEST
Jul 2026
$160M
—
—
—
Proposed transaction comprising fresh equity, new debt and debt-to-equity conversion, to strengthen balance sheet and support long-term growth
Series G
Feb 2025
$114M
—
—
M&G, Lightspeed
with participation from existing investors
Series E
Dec 2023
$340M
—
—
M&G Prudential
includes convertible debt; Lightspeed Venture Partners and DST Global also participated
Series A
Nov 2016
$10M
—
—
Lightspeed Venture Partners
—
Series C
—
$225M
—
—
DST Global, Lightspeed Venture Partners
—
Series B
—
$50M
—
—
Lightspeed Venture Partners
Lightspeed India and Yuri Milner-associated funds
Udaan · investors

Investors

Lightspeed Venture PartnersLEADDST GlobalLEADMM&GLEADLightspeedLEADMM&G PrudentialLEAD

Frequently asked questions

What is Udaan's valuation?›

The last valuation is $3.1B.

Who has invested in Udaan?›

Lead investors for each round are in the funding timeline.

Who are Udaan's competitors?›

The closest eb2b (business-to-business e-commerce) trade platform peers are on the competitors page.

How can I get exposure to Udaan?›

The routes section explains what is realistically available for a company at this stage.

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