Udaan
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Signals
Fairdeal.Market bags $15M Series A led by BII to scale kirana supply across Delhi NCR
B2B quick commerce platform Fairdeal.Market raised a $15M Series A led by Bertelsmann India Investments, with WaterBridge and Incubate Asia participating. Funds will expand dark stores, tech, and last-mile delivery as it targets 100,000 kirana retailers, up from 20,000 active today, with 60-minute delivery on 1,000+ SKUs.
Entrackr · 5/26/2026, 4:34:26 AM
Fairdeal.Market Raises $15 Mn Series A To Scale B2B Quick Commerce For Kiranas
Bertelsmann India-led round funds dark store buildout and metro expansion as the platform targets 1 Lakh kirana retailers by FY27, up from 20,000 active today, in India's $200 Mn B2B ecommerce race.
Inc42 · 5/26/2026, 3:31:18 AM
Udaan in talks for $50-60M top-up from Lightspeed, M&G at flat $1.8B valuation
B2B ecommerce platform Udaan is negotiating a $50-60 million bridge from existing backers Lightspeed and M&G at a flat $1.8 billion valuation. Likely its last private round before an IPO targeted 15-18 months post-profitability. FY25 revenue hit Rs 4,561 crore; losses narrowed to Rs 1,055 crore as Ebitda burn fell 40%.
ET Retail · 5/25/2026, 5:26:27 AM