Dunzo can change the way you move things, how you shop and lets you access your city like never before. We’re an app that connects you to the nearest delivery partner who can make purchases, pick up items from any store or restaurant in the city and bring them to you. Dunzo (dunzo.com) was founded in July, 2014 by Kabeer Biswas, an alumnus of the University of Mumbai. Before Dunzo, Kabeer founded a company called Hoppr, which was acquired by Hike in 2014. Dunzo started out as a small WhatsApp group, and transformed into a hyperlocal, app-based service.
How Bengaluru’s hyperlocal genie Dunzo is changing with funding from Google.
hy did Google lead a $12-million, or about Rs 78-crore, investment round in Dunzo, a hyperlocal, concierge services startup from Bengaluru? Three months after the deal, that’s a question that still has many in India’s startup and venture investment circles scratching their heads for an answer.
You are unlikely to know of Dunzo unless you live in the Karnataka capital or have read this story from about 18 months ago. Started over a small Whatsapp group to fulfill random tasks for a small fee, Dunzo has been quick to get a fan following with customers ‘dunzoing’ cigarettes, sanitary pads, groceries, pet supplies, and even fruits and beer. Or, asking for a forgotten phone charger delivered to office from home, send homemade gulab jamuns to a friend, get a document clicked and have the image sent over WhatsApp, and even get notebooks covered in brown paper ahead of a school year.
Dunzo is an Indian company that provides delivery services in Bengaluru, Delhi, Gurgaon, Noida, Pune, Chennai, Mumbai and Hyderabad. The company also operates a Bike Taxi service in Gurgaon. It is headquartered in Bengaluru, India. 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. In 2017, it was funded by Google. This was Google’s first direct investment in a start-up in India It was founded by Kabeer Biswas, along with Co-founders Ankur Agarwal, Dalvir Suri, and Mukund Jha, in 2014. On 29 August 2019, Dunzo raised INR 34.56 Cr funding by issuing debentures as well as Series C1 preference shares to existing investor Alteria Capital. Dunzo prides itself in providing a spirited, fair and transparent work environment for all its employees. We focus on nurturing careers and celebrating talent. Every opinion is given due consideration, and no voice is too feeble to be heard out. We’re also strong advocates of the work-hard-play-hard philosophy and are not ones to shy away from a good time. Dunzo is a hyper-local delivery app that fetches and delivers anything and everything within a city.
On 04 October 2019, lightbox invested amount 450,00,000 in Dunzo.