Dunzo

Dunzo was founded in July, 2014 by Kabeer Biswas, an alumnus of the University of Mumbai.[19][20] Before Dunzo, Kabeer founded a company called Hoppr, which was acquired by Hike in 2014.[14] Dunzo started out as a small WhatsApp group, and transformed into a hyperlocal, app-based service.[18][21][22][23][24][25]

Dunzo raised its first round of funding of US$650k in March 2016 from Blume Ventures, Aspada Ventures, accompanied by other investors including, Rajan Anandan, MD of Google India and Sandipan Chattopaday.[19]

In December 2017, Dunzo received US$12 million in a fresh round from Google, with existing investors, Blume Ventures and Aspada participating in the round.[15][26] This was Google's first direct investment in a startup in India.[27]

On 29 August 2019, Dunzo raised ₹34.56 crore funding by issuing debentures as well as Series C1 preference shares to existing investor Alteria Capital.[28]

In May 2020, Dunzo partnered with FMCG major PepsiCo to deliver its snacks brands such as Lay’s and Kurkure to customers’ doorsteps in Bengaluru amid the lockdown due to the Covid-19 pandemic in India in keeping with Pepsico's ‘Direct-to-Customer’ initiative. [29]

In the same month, it also partnered with digital payments app Google Pay to provide grocery and medicine delivery, bike pool, pickup-and-drop, among other services. [30]

{{Reflist}[31]}