Indian startups increase round sizes as investors pour in money

Photo: Pramugdha Mamgain/DealStreetAsia

Business-to-business marketplace Udaan was looking to raise $150 million earlier this year with the intention of bringing in at least a few new investors. But not only did its existing investors Lightspeed India Partners and DST Global move swiftly to fund the entire round, they also pushed the company to raise a significantly higher amount.

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