Udaan to buy Swiggy’s Lynk; India’s BRICS tech push Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5. The Economic Times · Sep 7
Udaan’s structured funding deal; Temasek pares Lenskart stake Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5. The Economic Times · Jul 14
Rapid fashion delivery startup Klydo shuts down operations Founded in September 2025 by former Udaan senior executives Pradeep Yadav and Ankit Agarwal, Klydo delivered clothing, accessories, footwear, and home and gifting products within 15 to 30 minutes in Bengaluru. It competed with startups like Knot, Zilo, and Slikk. The Economic Times · Jul 5
Udaan faces creditor heat; Bhavin Thurakia's fifth rodeo Creditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5. The Economic Times · Jul 2
Udaan’s pre-IPO top-up; Tata’s Assam chip hub test run Happy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch. The Economic Times · May 25
Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sources The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it targets an initial public offering (IPO). The Economic Times · May 25
Groww investors reap bumper returns; Lightspeed’s India rethink Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch. The Economic Times · May 13
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focus The venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target size to around $300-350 million, the people said, requesting anonymity as the discussions are private. The Economic Times · May 13
Three new air routes to become operationalise in Arunachal Pradesh in October: Scindia Jyotiraditya Scindia said that in the last 65 years, there were only 74 airports in the country but in the last nine years of BJP government rule at the Centre, 75 new airports have been constructed. The Hindu · Sep 24, 2023
Funding winter descends on Indian startups Mid-to-late stage startups after raising record funds last year are now struggling to survive. Al Jazeera · Jun 2, 2022
‘Udaan’ gives girls wings to a better future in rural Rajasthan Project 'Udaan' connects rural girls with scholarship schemes and provides them with continuing access to schooling The Hindu · Mar 25, 2022