Udaan, an e-commerce platform for businesses, has raised $280 million from two new investors — Octahedron Capital and Moonstone Capital — along with existing investors Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital, and Tencent. The funds will be deployed towards continued market creation of B2B e-commerce in the country and reaching out to more small businesses. The key areas of investment will be to expand products and categories on its platform, improving user experience, enhancing technology and expanding small medium enterprises (SME) financing capabilities along with reinforcing supply-chain infrastructure.