Placeholder canvas

Fresh funding for task management app Dunzo lead by Google

Date:

Task management app Dunzo has raised another $9.84 million (Rs 68.42 crore) in a new round of funding featuring old and fresh investors.

As per the company statement, this funding was raised as a part of a bigger sum at stake which was Rs 80.34 crores. The existing investor, Google lead the funding round with a huge sum of Rs 34.58 crore along with other investors like Blume Ventures, Patni Wealth Advisors and a few more.

The company also raised a substantial amount of $6.5 million in February from a bunch of new and old investors and also Deep Kalra, chairman of Make My Trip who had first invested in Dunzo in 2017.

ALSO READ: Online pharmacy startup 1mg gets $10 mn from Korea based Redwood Global Healthcare Fund

Dunzo was founded by Kabeer Biswas, Ankur Aggarwal, Dalvir Suri, and Mukund Jha in 2015. It was started by Biswas over a WhatsApp group to do tasks and pick up and drop for a small fee.

The idea was to support people to complete their tasks at ease using a mix of AI and human operators. Dunzo currently runs in Bengaluru, Delhi, Gurugram, Pune, Chennai and Hyderabad, being extremely popular in Bengaluru. It was completing an average of 30,000 transactions every day from across four cities.

 

 

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Jammu and Kashmir: Police Bust Terrorist Hideout In Arnas area, Seize Arms, Ammunition

Udhampur: Jammu and Kashmir Police announced on Saturday that...

Newly Enacted Criminal Laws Transitioned India’s Legal Framework Into New Age: CJI DY Chandrachud

New Delhi: Chief Justice of India, Justice DY Chandrachud,...

Mumbai Police Receives Threat Call Claiming Lawrence Bishnoi’s Man To Carry Out ‘Major Incident’

Mumbai: Mumbai Police on Saturday said that it received...

“Congress’ Shehzada Will Run Away From Wayanad…”: PM Modi Takes Jibe At Rahul Gandhi

Nanded: Prime Minister Narendra Modi on Saturday took a...