India’s Udaan closes Series D at $585m
India’s Udaan has closed its Series D round at $585 million, with the latest contribution featuring Tencent Holdings and the VC arm of Citi. It values the B2B online marketplace at $2.5-3 billion.
It follows a $300 million preliminary close last month that included the likes of GGV Capital, Hillhouse Capital, Lightspeed Venture Partners, Altimeter Capital, Footpath Ventures, and DST Global, which...
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