India:
Investment In Udaan By Lightspeed Venture Partners
21 February 2017
Nishith Desai Associates
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DEAL BRIEF
Udaan, a B2B platform started by former executives at Flipkart
has received funding of USD 10 million by Lightspeed Venture
Partners. Mr. Sujeet Kumar, Mr. Vaibhav Gupta and Mr. Amod Malviya,
founders of Udaan, have each been instrumental in Flipkart's
growth and success during its early days.
Press coverage relating to this transaction, is available at (
Economic Times), (
Live Mint).
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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