Page 2 - Dunzo

Dunzo raises $240 mn in round led by Reliance to take on Amazon, Flipkart

According to the sources, Dunzo's valuation has crossed $800 million in this funding

Top headlines: RRVL picks up stake in Dunzo; setback for 'Vibrant Gujarat'

Business Standard brings you the top headlines on Thursday

Reliance Retail to invest $200 mn in delivery firm Dunzo for 25.8% stake

Currently, Dunzo is available across 7 metro cities in India and the additional capital will be used to expand the quick commerce business to 15 cities

Google-backed Dunzo scales revenue 1.6x in FY21, reduces losses by 43%

In the coming weeks and leading up to 2022, Dunzo will be deploying over 300 micro fulfillment centres across 700 neighborhoods in the country, facilitating deliveries in under 19 mins

Google-backed Dunzo launches 19-minute ultra-fast grocery delivery

Dunzo is offering its ultra-fast grocery delivery service Dunzo Daily in Bengaluru, through which it will deliver essentials in 19 minutes

India quick commerce market to reach $5 bln by 2025: RedSeer report

Quick commerce refers to delivery of consumables within 45 minutes with a nominal delivery charge; Dunzo and Swiggy Instamart are some of the players

Google-backed Dunzo to pilot drone delivery of medicines in India

The impetus will be on enabling emergency medical deliveries which could include Covid-19 vaccines under the "Medicine from the Sky Project"

Dunzo reports 320% rise in delivering medicines, groceries in India

E-commerce firm backed by Google says it handled more than 20,000 orders to hospitals between March and May.

Dukaan partners with Dunzo, Shiprocket to integrate delivery for retailers

Company is in talks with around a dozen more such startups as pandemic-led surges in demand for home deliveries indicate a long-term trend

Kabeer Biswas and team pulled Dunzo out of Covid, aim to go global

The Google-backed delivery and e-commerce firm is planning to expand its services to about 25 such cities in India from about 8 cities and is also looking to go global and tap dense locations

Google, Lightbox, others invest $40 mn in e-comm, delivery startup Dunzo

Dunzo witnessed a robust growth amid the Coronavirus (Covid-19) pandemic and is now a $100 million annualised GMV value business

Top headlines: India asks WhatsApp 14 questions; Dunzo gets $40 mn funding

Business Standard brings the top news of the evening

Dunzo raises Rs 293 cr in Series E funding round from Google, Lightbox

Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria also took part

Dunzo raises $40 million in funding from Google, Lightbox and others

The funding round saw participation from new and existing investors, including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria, among others

Reliance Industries leverages technology to expand farm-to-fork model

The goal is a 12-hour window for vegetables and fruits to move from the fields to the shelves

Google commits $10-billion investment to expedite digitisation in India

Separately, Pichai also interacted with Prime Minister Narendra Modi on Monday through videoconferencing.

Dunzo suffers data breach; users' phone numbers, email IDs exposed

Google-backed delivery services startup says clients' payment information was not compromised.

Covid-19: Here's how FMCG firms are going directly to the consumer

FMCG companies have stepped into the resultant gaps and have started to explore direct-to-consumer distribution channels

From PepsiCo to Britannia, brands step up to the digital storefront

Pepsi, Coke, Britannia, Kwality Walls and a host of other brands line up for e-stores on delivery apps, rethink visual identities, and the retail experience

Restaurants turning to tech-aided food delivery to minimise health risks

Food delivery giants such as Swiggy and Zomato are also aggressively coming up with new technologies and innovations to address the huge disruption in their business models