Dunzo

Dunzo is an Indian company that provides delivery services in Bengaluru, Delhi, Gurgaon, Pune, Chennai, Jaipur, Mumbai and Hyderabad.[3][4][5][6][7][8] The company also operates a Bike Taxi service in Gurgaon.[9] It is headquartered in Bengaluru, India.[9][10][11][12] In 2017, it was funded by Google.[13][14][15][16] It was founded by Kabeer Biswas, along with Co-founders Ankur Agarwal, Dalvir Suri, and Mukund Jha, in 2014.[17][18]

Dunzo Digital Private Limited
Type of businessPrivate
Available inEnglish
FoundedJuly 2014 (2014-07)
HeadquartersIndiranagar, Bengaluru, Karnataka, India
Area served9 cities: Bengaluru, Delhi, Gurgaon, Pune, Hyderabad, Chennai , Jaipur, Mumbai, Noida
Founder(s)Kabeer Biswas, Ankur Agarwal, Dalvir Suri, Mukund Jha[1]
ChairmanAbhishek Venkateshwara
IndustryConsumer Services
ServicesPackages, Pick up and drop, Online restaurant discovery, Online Ordering, Grocery Delivery, Bike Taxi, Laundry Delivery, Medicine Delivery, Local Couriers
URLdunzo.in
RegistrationOptional
Users1 million orders monthly[2]
Current statusOnline
Native client(s) onWindows Phone, iOS, Android, Universal Windows Platform (Windows 10 Mobile, Windows 10)

History

Dunzo was founded in July, 2014 by Kabeer Biswas, an alumnus of the University of Mumbai.[19][20] Before Dunzo, Kabeer founded a company called Hoppr, which was acquired by Hike in 2014.[14] Dunzo started out as a small WhatsApp group, and transformed into a hyperlocal, app-based service.[18][21][22][23][24][25]

Dunzo raised its first round of funding of US$650k in March 2016 from Blume Ventures, Aspada Ventures, accompanied by other investors including, Rajan Anandan, MD of Google India and Sandipan Chattopaday.[19]

In December 2017, Dunzo received US$12 million in a fresh round from Google, with existing investors, Blume Ventures and Aspada participating in the round.[15][26] This was Google's first direct investment in a startup in India.[27]

On 29 August 2019, Dunzo raised INR 34.56 Cr funding by issuing debentures as well as Series C1 preference shares to existing investor Alteria Capital.[28]

Partnerships

In May 2020, Dunzo partnered with FMCG major PepsiCo to deliver its iconic snacks brands such as Lay’s and Kurkure to customers’ doorsteps in Bengaluru amid the lockdown due to the Covid-19 pandemic in India in keeping with Pepsico's ‘Direct-to-Customer’ initiative. [29]

During the same month, the hyperlocal delivery startup also partnered with digital payments app Google Pay to provide a slew of services such as grocery and medicine delivery, bike pool, pickup-and-drop facilities among others. [30]

References
  1. "Dunzo: Google's chosen one". Forbes India. Retrieved 2 January 2019.
  2. Prime, E. T. "Dunzo had been running errands around the block. Now it has to go ahead and face the world". ET Prime. Retrieved 2 January 2019.
  3. Prime, E. T. "Dunzo | Economic Times". ET Prime. Retrieved 21 December 2018.
  4. "On-demand delivery app Dunzo to launch in Chennai - Times of India". The Times of India. Retrieved 21 December 2018.
  5. "Dunzo delivery trend shows its users were 'unapologetically' lazy in 2018 - Times of India". The Times of India. Retrieved 4 January 2019.
  6. "Curds to condoms: This company delivers all - Times of India". The Times of India. Retrieved 4 January 2019.
  7. Alauddin, Shameen (17 December 2017). "Google-backed task fulfillment start-up dunzo runs errands to make money". Business Standard India. Retrieved 4 January 2019.
  8. Bansal, Varsha (5 May 2018). "Facebook to hit e-commerce market with B2C offering". The Economic Times. Retrieved 4 January 2019.
  9. Das, Shabori (4 July 2018). "Dunzo set for a ride, UberMoto watch out". The Economic Times. Retrieved 21 December 2018.
  10. "Dunzo set to launch bikesharing service in Gurugram". MediaNama. 4 July 2018. Retrieved 21 December 2018.
  11. "OYO, Cure.Fit among most sought after startups in India: LinkedIn". The Economic Times. 18 September 2018. Retrieved 4 January 2019.
  12. Sachitanand, Rahul; Seetharaman, G. (20 May 2018). "Amazon vs Google: A race to capture India's consumer space". The Economic Times. Retrieved 4 January 2019.
  13. Balaji, Sindhuja. "How This Google-Backed Startup Cracked The Code To Hyper Convenience In India". Forbes. Retrieved 21 December 2018.
  14. "Dunzo: Google's chosen one". Forbes India. Retrieved 21 December 2018.
  15. Chanchani, Madhav (9 December 2017). "Google makes first direct investment in India, funds hyper local startup Dunzo". The Economic Times. Retrieved 21 December 2018.
  16. "No, Maharashtra Is Not Getting An Online Liquor Delivery Policy". HuffPost India. 16 October 2018. Retrieved 4 January 2019.
  17. "Task management app Dunzo to raise money from existing investors". Techcircle. 13 November 2018. Retrieved 21 December 2018.
  18. "|Dunzo! How a hyperlocal concierge app is killing it in Bengaluru FactorDaily". FactorDaily. 30 August 2016. Retrieved 21 December 2018.
  19. "Google invests Rs 65 crore in hyper local app Dunzo, its first direct investment in an Indian startup". Businesstoday.in. Retrieved 21 December 2018.
  20. Rajaram, Sowmya Rajaramsowmya; Dec 10, Bangalore Mirror Bureau | Updated; 2017; Ist, 04:00. "No one wants to plan anything anymore". Bangalore Mirror. Retrieved 4 January 2019.CS1 maint: numeric names: authors list (link)
  21. Gooptu, Biswarup; Ananth, Venkat (13 November 2018). "Dunzo is in talks to raise Rs 183 crore from Google, others". The Economic Times. Retrieved 21 December 2018.
  22. Ananth, Venkat (13 July 2018). "Startups fight big global e-commerce firms to win online grocery battle". The Economic Times. Retrieved 4 January 2019.
  23. Srinivasan, Supraja (3 October 2018). "Swiggy pilots B2B offering under Swiggy Café at corporate cafeterias". The Economic Times. Retrieved 4 January 2019.
  24. Srinivasan, Supraja (30 July 2018). "Swiggy looks to extend service across hyperlocal delivery market by November". The Economic Times. Retrieved 4 January 2019.
  25. "'Why should we talk to Dunzo?' State regulators fume at liquor delivery". Retrieved 4 January 2019.
  26. Bansal, Varsha; Ananth, Venkat (15 October 2018). "Google in talks with Flipkart, Paytm, other companies to launch its 'shopping' tab in India". The Economic Times. Retrieved 4 January 2019.
  27. "Google makes first direct investment in India, funds hyper local startup Dunzo - Latest News | Gadgets Now". Gadget Now. 5 December 2017. Retrieved 21 December 2018.
  28. "Hyperlocal Delivery Startup Dunzo Raises 34 Cr To Fend Off Swiggy Challenge". Inc42 Media. 29 August 2019. Retrieved 29 August 2019.
  29. "Dunzo to deliver PepsiCo's Lay's, Kurkure, Doritos at your doorstep". The Financial Express. 26 May 2020. Retrieved 21 June 2020.
  30. May 29, Digbijay Mishra | TNN |; 2020; Ist, 04:00. "GPay ties up with Dunzo for essentials - Times of India". The Times of India. Retrieved 21 June 2020.CS1 maint: numeric names: authors list (link)
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