Udaan, the e-commerce startup led by three former Flipkart executives, raises $225M

Looks like Sujeet Kumar, Amod Malviya and Vaibhav Gupta’s decision to jump ship from Flipkart to focus on their own venture is paying off.
The trio announced this morning that their B2B e-commerce startup Udaan had raised $225 million in Series C funding co-led by DST Global and Lightspeed Venture Partners, with capital coming out of the latter’s growth fund. The cash infusion, according to Indian media reports, makes Udaan the fastest-ever Indian startup to be valued at over $1 bill