Google-backed Delivery startup operating in eight cities of India – Dunzo Digital Private Ltd has raised $140 million and seeks to raise another $150 million in 2021.
“The expansion only really starts next year at full pace, so we’ll raise the capital this year, but it gets deployed only next year,” informed Kabeer Biswas, 36-year-old Dunzo’s chief executive officer (CEO), in an interview.
Founded in 2015 by Kabeer Biswas and others, Dunzo has its presence in eight cities – Bengaluru, Mumbai, Delhi, Hyderabad, Chennai, Gurugram, Pune, and Jaipur.
“Dunzo delivers packages, groceries, food, medicines, pet supplies, and more. Founded and headquartered in Bengaluru, Dunzo has consistently proved its mettle as a convenience app and has grown from strength to strength. Currently, we stand fully operational in 8 cities and counting!,” as per their LinkedIn page.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.