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This is Rapidos first fundraise since 2019, when it snagged back-to-back funding from Nexus and Westbridge Capital. The latest funding round was led by Westbridge Capital and saw the participation of Yamaha among several others.
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...