Dunzo in Talks to Raise $25-$30 Million

Dunzo is a hyper-local commerce company that delivers groceries and essentials, fruits and vegetables, meat, pet supplies, food, and medicines in major cities. It provides a separate service for picking up and delivering packages within the same city. By collaborating with local vendors, Dunzo not only supports the community but also offers users an extensive selection of high-quality goods. With its innovative approach and seamless user experience, Dunzo has become a go-to platform for millions of individuals seeking ultimate convenience and time-saving solutions.

Quick-commerce start-up Dunzo is currently in advanced stages of closing a $25-30 million new funding round. Existing investors Reliance Retail, Google, and Lightrock are participating in the round. Reliance Retail holds a 25.8 per cent stake, and is already the single largest shareholder in the company.

Dunzo, Bangalore, India, was founded by Dalvir Suri, Mukund Jha, Kabeer Biswas, and Ankur Aggarwal in 2014. Dunzo started out as a small WhatsApp group, and transformed into a hyperlocal, app-based service. The firm currently provides its delivery services in eight Indian cities, including Bangalore, Delhi, Gurgaon, Pune, Chennai, Jaipur, Mumbai and Hyderabad.

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