Page 3 - Dunzo

Start-ups looking to tap into venture debt, avoid large funding rounds

Most start-ups are also not expecting to get the right valuation at this time, as the lockdown imposed to curb the virus' spread has severely disrupted business

Covid-19 impact: Now order groceries from restaurants on Swiggy, Zomato

A spokesperson for Zomato said a few of its restaurant partners did reach out to list themselves on the Zomato Market as they were busy restructuring their businesses due to the lockdown.

Meat retailers switch to online models, see sales double during lockdown

India is one of the countries with the lowest per capita meat consumption in the world

Cipla Health partners Swiggy, Zomato, Dunzo to deliver wellness products

Cipla Health will cater to 4 lakh people and cover 250 stores in 45 cities across the country

Google-backed Dunzo raises Rs 78 cr from Alteria, expands into other cities

The delivery and local e-commerce firm is steadily expanding deeper into other cities

Zooming onion rates to pricey bananas: Advertisers bask in moment-ary glory

When onion prices were hovering around Rs 150 a kg and FM Nirmala Sitharaman was being pilloried for her comments on the kitchen staple, food-delivery platforms put out clever one liners

Amid rising competition, Zomato, Swiggy play the differentiation game

Food delivery brands have sought to create distinct brand identities this year, but are they straying too far from the core in the race to be different?

Dunzo raises over Rs 319 cr in fresh funding from Lightbox, Google, others

Local delivery marketplace Dunzo on Friday said it has raised USD 45 million (over Rs 319 crore) in a fresh funding round from Lightbox, Google, 3L Capital, and STIC Investment & STIC Ventures. The funding values the company at USD 180-200 million. Dunzo has raised a total of USD 81 million. "Dunzo will deploy the funds to establish itself as the logistics layer for India, picking up and dropping almost anything and everything a consumer could want to buy and ship while integrating merchants and delivery partners on the platform," a statement said. This round of investment stems from Dunzo's 40X growth in the last 18 months and a business model that focuses on unit profitability, it said, adding that the Bengaluru-headquartered firm is clocking in more than 2 million deliveries month on month. "Over the last year, we have built a model that understands Indian cities deeply and empowers offline commerce to deliver to consumers instantly. We believe in giving local merchants a ...

Dunzo in talks with investors to raise $100 mn to fund expansion

So far, Dunzo has raised $32.8 million in 10 rounds from investors

Dunzo set to raise Rs 80 crore from Google, others in fresh funding

The proceeds are expected to help the firm take on larger players such as Swiggy, Zomato and Grofers

Google-backed Dunzo allows users to buy, pick up or deliver any item

Being Google's first direct start-up investment in India, the company has so far raised around $15 million from various investors

Google invests in Rajan Anandan backed hyper local startup Dunzo

This is the first direct investment in an Indian startup by Google, the world's largest internet services company