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Founded Year

2015

Stage

Convertible Note | Alive

Total Raised

$463.33M

Last Raised

$75M | 2 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-39 points in the past 30 days

About Dunzo

Dunzo is an all-in-one 24X7 delivery platform operating in the quick urban logistics sector. The company offers a wide range of services including the delivery of groceries, food, medicines, pet supplies, and couriering packages across the city. Dunzo primarily serves the ecommerce industry, facilitating instant delivery services for various consumer needs. It was founded in 2015 and is based in Bengaluru, India.

Headquarters Location

NAL Wind Tunnel Road, Murugeshapalya Saideep Srinidhi' No. 2, 1st Floor

Bengaluru, 560017,

India

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Latest Dunzo News

Kabir Biswas created the Rs 6400 crore company! How did you get Ambani’s attention?

Oct 29, 2024

18 Launched with several innovative initiatives, Dunso attracted India’s first richest man, Mukesh Ambani , to invest over Rs 1600 crore. Dunzo’s origin story Dunzo, a popular delivery app in India, started in a surprisingly different way. It was a WhatsApp group started by Kabir Biswas in 2014. This group was formed to deliver essential commodities. It quickly became popular among the people. Kabir Biswas, a computer science undergraduate, has an entrepreneurial spirit (his first company, Hopper, was acquired by Hike). Interested in this innovative model, Ankur Aggarwal developed Dunso together with Talvir Suri and Mukund Jha. In the beginning, before Plinkit and Swiggy Instamart, Dunzo took care of grocery shopping and daily needs. Dunzo caught the attention of Mukesh Ambani As the company grew, a unique app was created and its services were expanded to more cities. This success caught the attention of Mukesh Ambani. Through Reliance Retail , it has invested over Rs 1600 crore in Dunso. The investment has increased Dunso’s valuation to over Rs 6,400 crore. Bad turn However, Dunzo’s journey has recently taken a turn for the worse. The company is facing financial difficulties. Employee salaries are delayed and there is a significant loss in fiscal 2023. Additionally, several senior executives have left the company, including co-founders and financial executives. Dunzo’s story highlights the potential and challenges of startups. While the company’s initial concept was innovative and attracted significant investment, it is currently facing financial difficulties and leadership changes. Lankasiri W to instantly know national and foreign news HATSAPP CHANNEL Sign up to Share this: October 29, 2024

Dunzo Frequently Asked Questions (FAQ)

  • When was Dunzo founded?

    Dunzo was founded in 2015.

  • Where is Dunzo's headquarters?

    Dunzo's headquarters is located at NAL Wind Tunnel Road, Murugeshapalya, Bengaluru.

  • What is Dunzo's latest funding round?

    Dunzo's latest funding round is Convertible Note.

  • How much did Dunzo raise?

    Dunzo raised a total of $463.33M.

  • Who are the investors of Dunzo?

    Investors of Dunzo include Google, Reliance Retail, BlackSoil Capital, Alteria Capital, Lightrock and 31 more.

  • Who are Dunzo's competitors?

    Competitors of Dunzo include Swiggy, Zepto, Flipkart, Jumbotail, BigBasket and 7 more.

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