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…
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…