Dunzo Gets Funding From Google, Others; Raises $40 Mn
Commerce platform Dunzo has informed that it raised around 40 million dollars from companies like Google, Lightbox, LGT Lightstone Aspada, and Evolvence among others. Besides, Dunzo affirmed that it became a $100 million gross merchandise value (GMV) business. Dunzo digital CEO Kabeer Biswas said, "We truly believe we are writing a playbook for how hyperlocal businesses can be built with sustainable unit economics". Currently, Dunzo operates in eight Indian cities.