Udaan, a business-to-business (B2B) ecommerce platform based in Bengaluru, is negotiating to raise between $50-60 million from existing investors M&G Prudential and Lightspeed Venture Partners. This funding round is expected to maintain a flat valuation of $1.8 billion and may be Udaan's final private capital raise before pursuing an initial public offering (IPO). The company aims to achieve net profitability within the next 15-18 months, following a 40% reduction in EBITDA burn in fiscal 2025. Udaan's revenue has declined significantly from ₹10,000 crore in fiscal 2022 to around ₹4,561 crore in FY25, as it refocused its operations on essential categories like grocery and pharmaceuticals. The fresh capital will be utilized to bolster Udaan's supply chain and expand its market presence. Additionally, Udaan is in the process of relocating its headquarters back to India from Singapore, as reported by cofounder and CEO Vaibhav Gupta.