Udaan, a 3-yr-old B2B e-commerce platform raises $585 million for its expansion
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A 3-year-old B2B Indian e-commerce platform Udaan has raised $585 million in a Series D round as it looks to expand by bringing more Kirana stores, chemists & other small businesses online through its marketplace. It raised the capital form Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital & Citi Ventures. Udaan is a marketplace where it connects buyers and sellers and supports a wide range of categories.