Early-stage vertical commerce startups continue to draw VC interest across beauty, fashion, servicesInvestors are pouring money into quick commerce startups across fashion, beauty, and services. Companies like Firi, Dazzl, and Klydo are se...
20 May, 2026, 06.00 AM IST
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
13 May, 2026, 10.10 AM IST
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
13 May, 2026, 09.17 AM IST
AITS raises $4 million in pre-series A to expand Rysen School network across IndiaInvestment by Big Capital, Redbrook Fund to accelerate expansion of the Rysen School network and strengthen its future-ready, technology-in...
23 Apr, 2026, 11.01 AM IST
India venture debt deployment grows marginally in 2025 to $1.3 billion: ReportVenture debt in India reached $1.3 billion in 2025. Deal numbers decreased, indicating slower startup funding. Venture capital investments ...
08 Apr, 2026, 05.07 PM IST
Udaan closes latest funding round at $114 million led by UK’s M&G, LightspeedThe company said that this fresh capital will be deployed towards strengthening its footprint with a focus on categories such as fast-movin...
02 Jun, 2025, 01.28 PM IST
Udaan eyes $100 million from UK’s M&G, others at flat valuationUdaan has been scaling down operations to cut its burn in a tightening liquidity market. The company has now refined its strategy, concentr...
23 Oct, 2024, 11.26 AM IST
Udaan valuation dives to $1.8 billion in down roundBengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021. It closed a $340 million financing last De...
16 Jan, 2024, 08.03 AM IST
UK’s Prudential may lead Udaan down round; below $2 billion value seenThe Lightspeed India-backed startup is likely to see a significant drop in its valuation, to under $2 billion during the new financing roun...
16 Jan, 2024, 07.13 AM IST
Udaan lays off over 100 employees shortly after $340 million fundraiseMost of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, peopl...
18 Dec, 2023, 06.41 PM IST
ETtech Deals Digest: Startup funding rises to $511.47 million on Udaan boostThe latest week saw about 84% of the total capital being deployed in growth- and late-stage startups. Besides Udaan, it included the likes ...
15 Dec, 2023, 06.04 PM IST
Udaan raises $340 million in funding from UK’s M&G Prudential, othersThe funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a sta...
15 Dec, 2023, 07.40 AM IST
ETtech Deals Digest: Amid 'Tech Winter', dry funding taps, startups set to face turmoilHere is a look at all the startups that raised money in funding this week.
25 Nov, 2022, 07.47 PM IST
Udaan fires over 1,000 employees in second round of layoffsThis is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce, in June. Back then as well, the ...
04 Nov, 2022, 03.22 PM IST
Udaan raises $120 million through convertible notes, IPO delayedUdaan CEO had told ET on February 16 that the company was planning to go public by May 2023.
27 Oct, 2022, 09.16 PM IST
Lightspeed-backed udaan raises $120 millionWith this round, the total funds raised by udaan through convertible notes and debt in the last four quarters have crossed $350 million, ma...
27 Oct, 2022, 02.50 PM IST
Udaan to take on Meesho, DealShare as it enters consumer-facing grocery businessUdaan, with its new platform Price Company, is entering the consumer-facing grocery business through the group-buying or community model, a...
25 Nov, 2021, 06.00 AM IST