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Google exec Caesar Sengupta quitting after 15 years
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Tech Talk: Google backs Indian courier startup Dunzo in $40 million fundraising
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Dunzo Raises $40 Million in Funds From Google, More Investors as It Rides Pandemic-Induced Surge
Dunzo recorded a fresh rise in popularity as many users stayed indoors for much of 2020. By Reuters | Updated: 20 January 2021 10:31 IST
Besides Google, Lightbox, Evolvence, Alteria also participated in the fundraising round
Highlights
Dunzo allows users to order groceries and other items from nearby stores
Dunzo also run pick-up and drop errands within the eight cities
Dunzo has raised $40 million (roughly Rs. 290 crores) from existing investor Google and others after seeing a surge in usage during the COVID-19 pandemic.
As many Indians stayed indoors for much of 2020 because of the health crisis, Dunzo and food-delivery apps Zomato and Swiggy recorded a fresh surge in popularity. Naspers-backed Swiggy also runs a hyperlocal courier service.
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