Fundz

Reliance-Backed Dunzo Nears Fresh Funding Of $50 Million

PRIVATEMar 30, 2023

Round Type

Funding Round

IndiaSoftwareMedia And EntertainmentCommerce And ShoppingSales And Marketing

Description

The Indian hyperlocal delivery startup Dunzo is in late-stage discussions to secure about $50 million in a new financing round, two sources familiar with the matter told TechCrunch, as the Bengaluru-headquartered startup scrambles for comfort in an otherwise funding winter for younger firms.

Quick answer

Dunzo raised an undisclosed amount in a Funding Round round, dated March 30, 2023. Dunzo is based in India.

How much did Dunzo raise?
Dunzo raised an undisclosed amount in a Funding Round round on March 30, 2023.
What does Dunzo do?
Dunzo is the pioneer of Quick commerce in India and we want to support them in furthering their ambitions of becoming a prominent local commerce enabler in the country,” said Isha Ambani, Director of Reliance Retail..
Where is Dunzo based and how big is it?
Dunzo is based in India.
Who are the decision-makers at Dunzo?
Fundz holds 1 contact at Dunzo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Commerce And Shopping around the same time

Companies in the same sectors as Dunzo that raised within 45 days of this round, from Fundz verified event records.

  • Pudu Robotics raised $15M (Series C) on May 8, 2023.
  • Pocket FM raised $16M (Debt Financing) on May 2, 2023.
  • AlphaSense raised $100M (Funding Round) on April 11, 2023.
  • Reebelo raised an undisclosed amount (Series A) on March 20, 2023.
  • Volato Group raised $9M on March 10, 2023.
  • Tourial, Inc. raised $1.6M (Seed) on March 7, 2023.

Who to call at Dunzo, and when

A new round usually means Dunzo is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Dunzo, from your own LinkedIn network

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Company Information

Company

Dunzo

Location

India

About

Dunzo is the pioneer of Quick commerce in India and we want to support them in furthering their ambitions of becoming a prominent local commerce enabler in the country,” said Isha Ambani, Director of Reliance Retail Ventures Limited, in a statement.

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Dunzo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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