Gunderson Dettmer represented client Lightspeed Venture Partners as it led the $280 million Series D-1 financing of Udaan, a business-to-business ecommerce platform.

In the announcement of the transaction, co-founder of Udaan Amod Malviya said, “This financing enables us to further our journey of taking e-commerce to the depth and breadth of the country, with Udaan’s unique low-cost model for core middle India.”

The Gunderson deal team was led by Jonathan Pentzien and included David He and Soo Guo Kai.