B2B e-commerce platform Udaan has announced a proposed financing transaction of about $160 million, comprising fresh equity, new debt and debt-to-equity conversion, as the company looks to strengthen ...
The insolvency proceedings initiated against Udaan’s Singapore-based holding company, Trustroot Internet, after it defaulted ...
The transaction includes fresh equity from existing investors, private credit from BlackRock and a debt-to-equity conversion, a year after the B2B ecommerce firm raised $114 million.
Udaan, a B2B ecommerce firm, finalized a $178 million debt restructuring deal with offshore creditors, including fresh financing from BlackRock to ensure liquidity.
The recent financial stress at Udaan, once among the best-known B2B e-commerce startups, has renewed questions over whether ...
BlackRock Inc. is in talks to provide around $45 million in private credit to distressed Indian e-commerce platform Udaan, as the world’s largest asset manager forges ahead with its private credit ...
The investment arm of the U.K. retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured by an Indian ...
NEW DELHI (Reuters) - Indian e-commerce firm Udaan has raised $200 million via convertible note financing in a round in which new and existing investors participated, an internal memo by the company's ...
India’s B2B digital commerce platform Udaan has secured $280 million in funding via its extended Series D investment round from new and existing investors. Octahedron Capital and Moonstone Capital are ...