Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This…
Xirify partners with India’s quick commerce platform, Dunzo, to provide B2B2C delivery services for businesses that are registered on Xirify as an Opt-in service. Xirify is a premier incubated product of Valueadd Softtech & Systems Pvt Ltd (VAST), a technology services company from the city of Pune. A statement made by the company said, “Pune,…
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, a hyperlocal delivery startup, announced it has raised $40 million in Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria among others. The company plans to focus on sustainable growth across its fastest-growing cities such as Mumbai, Chennai, and Pune in the…
Dunzo, an all-in-one 24X7 delivery platform that picks and delivers anything and everything within the city, announced that it has raised $28 million in its ongoing Series E funding round led by Google and Lightstone Fund, according to YourStory report. Dunzo has issued compulsorily convertible preference shares (CCPS) to both Google and Lightstone with each…
Dunzo, a leading hyperlocal logistics company provides an alternative platform for offline and small businesses, enabling them with e-commerce logistics, inventory management, and demand prediction, announced that it has partnered with LeadSquared to bring greater efficiency in their process of onboarding new retailers on the platform and empower them with a wider reach and local…
Chai Point, a Bengaluru-based omni-channel beverage brand that brings a perfectly brewed cup of chai, announced that it has partnered with Dunzo and Shadowfax for last mile delivery, according to an ET report. In India, most food and beverages chains are not allowed to operate in malls, an area where significant number of their outlets…
Britannia Industries, an Indian food-products corporation, announced it has partnered with Dunzo, an online delivery platform, to deliver its range of biscuits, croissants, ghee, and dairy whitener, among others to its consumers. The company has launched a Britannia Essentials store that will be available for users of the Dunzo app. The first batch of deliveries…
Bengaluru-based hyperlocal services provider Dunzo recently announced that it has raised $11mn in debt funding round from Alteria Capital. With the latest fund infusion, Dunzo is seeking to scale up its operations in the locations where the company is profitable. Kabeer Biswas, CEO, and Co-Founder of Dunzo said that the debt funding will help the…