Lightspeed backs $50m Series B for India’s Udaan
Lightspeed Venture Partners and DST Global founder Yuri Milner have backed a $50 million Series B round for Indian B2B e-commerce start-up Udaan. It follows a $10 million Series A led by Lightspeed in 2016.
Udaan was founded by Vaibhav Gupta, Amod Malviya and Sujeet Kumar, all former executives of Indian e-commerce giant Flipkart, with a view to providing an online marketplace to small and medium-sized corporate...
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