Dunzo Bags Series E From Google, Lightbox To Capitalise On Hyperlocal Demand Surge
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India, Jan. 20 -- Bengaluru-based hyperlocal delivery startup Dunzo has raised $40 Mn in its ongoing Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria among others.
The company said it plans to focus on sustainable growth and capitalise on the traction achieved in the past few months in Mumbai, Chennai, and Pune, besides Delhi NCR and Bengaluru.
The company last raised $28 Mn in a Series E funding round in September last year, led by Google and Lightstone. Existing investors Lightbox, 3 L Capital, Moving Capital, Pivot Ventures and Bhoruka Finance Corporation also participated in this round. Prior to this, Dunzo had raised $45 Mn fu...
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