# Udaan funding: rounds and investors > Udaan has raised $1.3B across 6 rounds since 2018. Investors include Lightspeed Venture Partners, DST Global and Tengxun Touzi. Every round with its source. Source: https://millionrounds.com/company/udaan (Millionrounds; every figure on the page links to its filing or article) India · [Growth startup](https://millionrounds.com/companies) # Who invested in *Udaan* 6 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. B2B Internet Valuation: $1.8B, Mar 2026 Funding summary Updated 26 Oct 2026 **$1.3B** raised across 6 rounds since 2018, from 6 sources **$50M** Series B **$225M** Series C **$31M** Round **$300M** Series D **$585M** Series D **$114M** Growth - **Latest round:** Growth, $114M Feb 2025 - **Biggest round:** $585M Series D · Oct 2019 - **Investors:** 13 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2019 2020 2021 2022 2023 2024 2025 **$50M** Series B **$225M** Series C **$31M** Round **$300M** Series D **$114M** Growth - **First round:** Series B, $50M - **Biggest round:** $585M - **Usual gap between rounds:** 6 months ## The rounds - **Feb 2025** Growth **$114M** *1 new* *2 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Source recorded - **Oct 2019** Series D **$585M** *5 new* *3 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [DST Global](https://millionrounds.com/fund/dst-global) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [Altimeter](https://millionrounds.com/fund/altimeter-capital) [Footpath Ventures](https://millionrounds.com/fund/footpath-ventures) Hillhouse Reported by TechCrunch - **Aug 2019** Series D **$300M** *2 new* *1 returning* [DST Global](https://millionrounds.com/fund/dst-global) [Altimeter](https://millionrounds.com/fund/altimeter-capital) Lightspeed Venture Part Reported by Entrackr - **Jul 2019** Round **$31M** *1 new* Trustroot Internet Reported by YourStory - **Sept 2018** Series C **$225M** *1 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [DST Global](https://millionrounds.com/fund/dst-global) Lead Reported by TechCrunch - **Feb 2018** Series B **$50M** *3 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Apoletto](https://millionrounds.com/fund/apoletto) [Lightspeed India](https://millionrounds.com/fund/lightspeed-india) Reported by Economictimes ## Founders and team From Udaan's own website: 4 on the team. - **Chaitanya Adapa** Chief Executive Officer, udaanCapital - **Ajeesh P G** Chief Information Officer, udaan - **Abhilash Pillai** Head of Product Management - Customer Platform - **Siddhartha Reddy** Head of Engineering ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2018 **Series C** 2018 **Round** 2019 **Series D** 2019 **Series D** 2019 **Growth** 2025 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [DST Global](https://millionrounds.com/fund/dst-global) L [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Altimeter](https://millionrounds.com/fund/altimeter-capital) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [Citi Ventures](https://millionrounds.com/fund/citi-ventures) [Apoletto](https://millionrounds.com/fund/apoletto) [Lightspeed India](https://millionrounds.com/fund/lightspeed-india) [Footpath Ventures](https://millionrounds.com/fund/footpath-ventures) ## Everyone who backed them [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **4** rounds, led 1 [DST Global](https://millionrounds.com/fund/dst-global) Private equity **3** rounds, led 1 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **2** rounds [Altimeter](https://millionrounds.com/fund/altimeter-capital) VC firm **2** rounds [GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **1** round [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **1** round [Citi Ventures](https://millionrounds.com/fund/citi-ventures) Corporate VC **1** round [Apoletto](https://millionrounds.com/fund/apoletto) Investment firm **1** round [Lightspeed India](https://millionrounds.com/fund/lightspeed-india) VC firm **1** round [Footpath Ventures](https://millionrounds.com/fund/footpath-ventures) VC firm **1** round Hillhouse no record of our own yet **1** round Lightspeed Venture Part no record of our own yet **1** round Trustroot Internet no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=udaan). ## Also claim to have backed them These 4 firms list Udaan as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Notable Capital](https://millionrounds.com/fund/notable-capital) VC firm Per its own site [Catamaran](https://millionrounds.com/fund/catamaran) Private equity Per its own site [Saascorp Holdings](https://millionrounds.com/fund/saascorp-holdings) Family office Per its own site [eLagaan](https://millionrounds.com/fund/elagaan) Angel Per its own site ## Quick answers about Udaan ### Who invested in Udaan? Udaan's investors include Lightspeed Venture Partners, DST Global, Tengxun Touzi, Altimeter and GGV Capital, and 8 more on record. ### How much has Udaan raised? Udaan has raised $1.3B across 6 rounds since 2018. ### When did Udaan last raise? Udaan's most recent round was a Growth of $114M in Feb 2025. ### What was Udaan's biggest round? Udaan's largest round on record is $585M (Series D), in Oct 2019. ### Who backed Udaan first? Udaan's first round on record, in Feb 2018, was backed by Lightspeed Venture Partners, Apoletto and Lightspeed India. ### What stage is Udaan at? Udaan's latest named round is a Growth, in Feb 2025. ### Where is Udaan based? Udaan is based in India. ### Who led Udaan's rounds? Lightspeed Venture Partners led the Series C in 2018. ## Companies like Udaan In the same sector, and raised in the last eighteen months. [**CapGrid** $5.4M · Oct 2026](https://millionrounds.com/company/capgrid)[**Zetwerk** $93M · Jul 2026](https://millionrounds.com/company/zetwerk)[**Ninjacart** $196M · Jul 2026](https://millionrounds.com/company/ninjacart)[**FirstClub** $78M · Jun 2026](https://millionrounds.com/company/firstclub)[**Xflow** $17M · Feb 2026](https://millionrounds.com/company/xflow)[**Thimblerr** $2.8M · Jan 2026](https://millionrounds.com/company/thimblerr) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app