udaan secures $114 million in Series G funding led by M&G Investments and Lightspeed

udaan, an eB2B platform, at the moment introduced the profitable closure of its Sequence G financing spherical elevating $114 million in contemporary fairness capital. The spherical was led by M&G Investments and Lightspeed with participation from different current and new buyers, reflecting sturdy investor conviction in udaan’s long-term alternative and its progress in the direction of public market itemizing.

The contemporary capital might be deployed to strengthen udaan’s class and buyer footprint, with give attention to Quick-Shifting Shopper Items (FMCG) class and Lodge, Restaurant, and Catering (HoReCa) buyer section. udaan may even speed up its personal label manufacturers initiatives within the staples class. This capital elevate may even fortify udaan’s stability sheet, offering enhanced monetary flexibility as the corporate advances towards its public market debut.

As a part of its long-term imaginative and prescient, udaan is targeted on driving “constant progress with profitability at scale” by following regional cluster-led working mannequin reinforcing its dedication to constructing a sustainable and scalable enterprise.

Backed by stable enterprise fundamentals, udaan continues to show sturdy contribution margin accretive progress, clocking 60%+ 12 months-on-12 months (Y-o-Y) progress in CY 2024, alongside a 300+ foundation level enchancment in contribution margin. This progress trajectory has continued into CY 2025 with an extra 100+ bps contribution margin enchancment year-to-date. Alongside the contribution margin progress and scale working leverage, udaan additionally diminished its mounted prices by 20%, resulting in a 40% discount in EBITDA burn in calendar yr CY 2024 and an extra 20% discount year-to-date in CY 2025.

Vaibhav Gupta, Co-founder and CEO, udaan, stated in an announcement, “Over the past 3 years, now we have remodeled the enterprise by constructing value as a functionality and a aggressive benefit. Now we have diminished our EBITDA burn by 40% yearly for the final 3 years and are on monitor to realize full group EBITDA profitability within the subsequent 18 months.

udaan’s hybrid mannequin of ‘extremely obtainable eCom app + new-gen tech-first gross sales’ is now established because the benchmark profitable mannequin for eB2B, offering an ROI accretive buyer pockets progress, and a powerful answer for manufacturers and producers to drive product combine.”Completion of collection G spherical allows us to proceed investing in our customer-tech platform, sales-tech capabilities and deepening our buyer worth proposition serving to us ship our purpose of constant progress with profitability at scale.”