Dunzo – A Hyperlocal Logistics Startup Raises $28M in a Series E Funding Round

Image Source – financialexpress,com

Dunzo, Bengaluru based hyper-local delivery app that fetches and delivers anything and everything within a city. Dunzo’s services include the delivery of packages, groceries, food, medicines, pet supplies, and more. The Startup was founded in 2015 by Ankur Aggarwal, Dalvir Suri, Kabeer Biswas and Mukund Jha.

Dunzo is an all-in-one 24X7 delivery platform started its service from a Whatsapp group, and soon they’ve launched its Dunzo app. The Dunzo app connects you to the nearest delivery partner who can make purchases, pick up items from any store or restaurant in the city and bring them to you.

Currently, Dunzo provides delivery services in Bengaluru, Delhi, Noida, Pune, Gurugram, Mumbai, Hyderabad, Jaipur, and Chennai. The company also operates a Bike Taxi service in Gurugram.

Dunzo has raised a total of $116.4 million funding till date. The startup has raised $28 million in a Series E funding round from Google and LGT Lightstone.

Prior to this, Dunzo had raised $45 million of funding in Series D round in October 2019. LGT Lightstone, Google, 3L Capital, Lightbox, Moving Capital, Bhoruka Finance, Alteria Capital, Wes Schwalje, Pivot Ventures are in the list of Investors, who’ve invested in Dunzo.

Above given information is based on best of our knowledge & other sources. We hope you may have learn something new based on this blog & keep on learning.

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