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Google is writing a check to another startup in India. The Android-maker, which last year unveiled a $10 billion fund to invest in the world’s second largest internet market, said on Tuesday that it is participating in a $40 million investment round of hyperlocal delivery startup Dunzo, a Bangalore-based firm that it has also previously […]
Indian hyperlocal courier startup Dunzo has raised US$40 million from existing investor Google and others, it said on Tuesday, after seeing a ...
BENGALURU — Indian hyperlocal courier startup Dunzo has raised $40 million from existing investor Google and others, it said on Tuesday, after seeing a surge…
We'll soon meet in your inbox. Please wait... Dunzo said it witnessed strong organic user demand in the pandemic-hit 2020 and is now approximately a $100 million business in annualised gross merchandise value (GMV), a two-fold increase over the past year. "As a team, we are more focused than ever to enable local merchants to get closer to their users and build one of the most loved consumer brands in the country," said Dunzo cofounder and chief executive Kabeer Biswas. The Bengaluru-based startup said it has supported over 300 neighbourhoods across eight cities in the past six months, deliver...
Google backs Indian courier startup Dunzo in $40 million fundraising