![](https://img.etimg.com/thumb/width-600,height-450,msid-65660966,imgsize-56232/udaan-raises-225-mn-from-dst-lightspeed-valuation-soars-to-1-bn.jpg)
Udaan raises $225 mn from DST, Lightspeed; valuation soars to $1 bn
Business-to-business online marketplace Udaan is on course to become the fastest Indian startup to reach Unicorn status, soaring to the $1 billion valuation milestone in merely 26 months of registration. The company, founded by three former senior executives of Flipkart, is in advanced talks to raise $225 million from existing investors DST Global and Lightspeed Venture Partners' global fund, according to two people familiar with the development. (Text: ET Bureau)