Udaan Negotiates New Funding Round, Faces Possible Sharp Valuation Decline

  • B2B e-commerce firm Udaan is discussing a $200-250 million funding round, largely from internal investors.
  • Valuation is disputed and may drop significantly, possibly from over $3 billion to $1-1.5 billion.
  • Udaan, with revenues growing but losses exceeding Rs 3,000 crore, recently let go of 500 employees due to efficiency drives.
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