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Tencent-backed udaan aims to reach more Indian SMEs after $280 mln fund-raising

E-commerce platform, which raised the money from both existing and new investors, says it’ll use proceeds to fund continued expansion and enhance SME financing capabilities.
Tencent-backed udaan aims to reach more Indian SMEs after $280 mln fund-raising

Indian business-to-business online platform udaan has raised $280 million in additional funding that it plans to use to extend its e-commerce reach among small businesses and expand financing capabilities.

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