udaan

The funds will be utilised to enhance Udaan's customer experience, deepen market penetration, and strengthen strategic vendor partnerships.

With the fresh capital, Udaan plans to intensify its 'Micro-Market strategy,' focusing on expanding its geographical reach and deepening buyer engagement across key regions.

Furnishka will use the funds to enhance product development, strengthen manufacturing, and expand geographically with six new stores. The company will also grow its furniture collections and create educational content for customers.