Funding

Dunzo Raised INR 80 Cr in series B funding from Google and others

Dunzo has been one of the few hyper-local startups to survive in a sector where several have failed.

dunzo

Bangalore based hyper-local startup dunzo has raised Rs 80.8 crore in a Series B funding round led by Google.

Existing investors Blume Ventures and Aspada Investment Advisors also participated in the round.

Google Asia Pacific Pte Ltd invested Rs 64.58 crore, Blume Ventures put in Rs 3.75 crore and Aspada has infused Rs 12.5 crore into the startup as per a report by VCCircle.

From getting your house cleaned, to fixing those broken speakers in the back of your cupboard, to going grocery shopping for you, to even getting a pigeon out of your house, Dunzo do it all.

Dunzo was founded by Ankur Aggarwal, Dalvir Suri, Mukund Jha and Kabeer Biswas in 2015. It aims to solve the deep local discovery and fulfilment problem.

Also Read21 Businesses you can start with just 1 Lakh in India

With a chat based interface, it allows individuals to create ‘To do lists’ and collaborate with vendors to strike off the tasks from the list.

With around 1400 drivers, Denzo is currently handling 3,500-4,000 tasks a day.

In November last year, dunzo raised $1.18 million in its Series A funding from Aspada Investment Advisors.

It had also raised a $650,000 pre-Series A round from aforementioned investors including a few prominent angels Rajan Anandan and Sandipan Chattopadhyay.

Also Read:Indian Entrepreneurs Success Stories – Who Started With Nothing

 

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