M&G Investments
M&G Investments took part in 2 disclosed rounds in Indian startups in 2026 (1 as lead), most often in Commerce & Consumer Brands; its latest was Udaan on 5 September 2026.
About M&G Investments
M&G Investments has backed Indian startups that StopDown covered, listed below.
Deals in 2026
Stage and sector mix
Disclosed rounds M&G Investments took part in, by stage and by sector.
| Stage | 2026 | 2025 |
|---|---|---|
| Other | 2 | 0 |
| Sector | 2026 | 2025 |
|---|---|---|
| Commerce & Consumer Brands | 2 | 0 |
Frequent co-investors
| Investor | Rounds together |
|---|---|
| BlackRock | 1 |
| Lightspeed | 1 |
Exits and IPOs in the portfolio
| Company | Event | Latest story | Date |
|---|---|---|---|
UD Udaan | Acquisition / merger | Udaan acquires LYNK Logistics from Swiggy for ₹500 crore | 7 September 2026 |
Indian portfolio
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
M&G Investments in the news
- UDUdaan · Funding · 5 September 2026 · ₹200 CrUdaan raises ₹200 crore from M&G InvestmentsUdaan is a B2B e-commerce platform connecting small businesses with suppliers and buyers
- UDUdaan · Funding · 14 July 2026 · $160MUdaan raises $160M in structured financingUdaan is a B2B ecommerce platform serving kiranas, chemists, hotels and offices across India
Read next: companies in the portfolio
Questions about M&G Investments
How many investments did M&G Investments make in India in 2026?
StopDown has recorded 2 disclosed rounds in Indian startups with M&G Investments in 2026 so far, 1 of them as lead. The latest was Udaan on 5 September 2026 (₹200 Cr).
Which sectors does M&G Investments invest in?
In the 2025 and 2026 rounds StopDown recorded, M&G Investments invested most often in Commerce & Consumer Brands (2 rounds).
Does M&G Investments lead rounds?
Yes. StopDown's records name M&G Investments as lead or co-lead in 1 of the 2 rounds it took part in during 2025 and 2026, 1 of them in 2026.