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Reliance-Backed Dunzo Nears Fresh Funding Of $50 Million

Mar 30, 2023over 2 years ago
IndiaMedia And EntertainmentSales And MarketingSoftwareCommerce And Shopping

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.

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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