Uudan led by three former Flipkart executives, e-commerce startup raised $ 225 million – News

Can see It was a fact that Sujeet Kumar, Amod Malviya, Vaibhav Gupta decided to concentrate Shipkart on his project.

The three partnership is Series C finance jointly led by DST Global and Lightspeed Venture Partners, and Udaan, multi-business e-commerce founder, is 225 million It announced that it raised dollar. . According to Indian media, cash injection makes Udaan the fastest Indian start-up company worth over $ 1 billion.

Flipkart, one of India's most successful e-commerce platforms, was sold to Walmart earlier this year at $ 16 billion. Kumar, Malviya, Gupta, Please do business finance and analysis with Flipkart. I leave the company in 2016.

Shortly after establishing the B2B market, the three companies raised $ 10 million in Series A, which was led by Lightspeed at the end of 2016This year's 50 million dollars is also led by Lightspeed, I participated in a venture capital company India office.

Lightspeed India CEO Bejul Somaia took over as Bangalore board since the first round and confirmed financing from the latest news.

Mr. Somaia tells me by e-mail. "It was fortunate that the company evolved very quickly." We are fascinated with our company's basic principle approach to solving important unique issues in the context of India.

Udaan's mobile app connects to 150,000 Traders, wholesalers, retailers, India …

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Uudan led by three former Flipkart executives, e-commerce startup raised $ 225 million - News

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