Lightspeed-backed Indian commerce Udaan raises $120 million • TechCrunch
India’s Udaan has raised $120 million in convertible notes and debt led by existing shareholders and bondholders, a top executive told employees in an email Thursday seen by TechCrunch, as the business-to-business e-commerce startup works to being ready for the public markets in 12-18 months. The new financing brings the startup’s overall funding in convertible…