India-based delivery platform Dunzo is set to raise a $50M funding round led by Google.
Since its inception in 2014, the company has raised $380M.
Dunzo is a startup that delivers groceries and essentials, fruits and vegetables, meat, pet supplies, food, and medicines in major cities.
- The app connects users to the nearest local delivery partner.
- In addition to Google, Reliance Retail is believed to be one of the two main investors in the imminent funding round.
- Dunzo has been actively looking to raise capital for several months and has been reportedly looking to raise up to $150M.
- The company is based in Bengaluru, India.