Dunzo

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Dunzo Digital Private Limited
Dunzo Logo.svg
Type of businessPrivate
Available inEnglish
FoundedJuly 2014 (2014-07)
HeadquartersIndiranagar, Bengaluru, Karnataka, India
Area served8 cities: Bengaluru, Delhi, Gurugram, Pune, Hyderabad, Chennai , Jaipur, Mumbai,
Founder(s)Kabeer Biswas, Ankur Agarwal, Dalvir Suri, Mukund Jha[1]
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
Users10 lakh orders monthly[2]
Current statusOnline
Native client(s) onWindows Phone, iOS, Android, Universal Windows Platform (Windows 10 Mobile, Windows 10)

Dunzo is an Indian company that provides delivery services in 8 Indian cities[3] namely- Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad.[4][5][6][7][8][9][excessive citations] The company also operates a Bike Taxi service in Gurugram.[10] It is headquartered in Bengaluru,Karnataka,India.[10][11][12][13] In 2017, it was funded by Google.[14][15][16][17] It was founded by Kabeer Biswas, along with Co-founders Ankur Agarwal, Dalvir Suri, and Mukund Jha, in 2014.[18][19]

History[]

A Dunzo delivery partner waiting at Four Bungalows, Andheri in Mumbai

Dunzo was founded in July, 2014 by Kabeer Biswas, an alumnus of the University of Mumbai.[20][21] Before Dunzo, Kabeer founded a company called Hoppr, which was acquired by Hike in 2014.[15] Dunzo started out as a small WhatsApp group, and transformed into a hyperlocal, app-based service.[19][22][23][24][25][26][excessive citations]

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.[20]

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.[16][27] This was Google's first direct investment in a startup in India.[28]

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

In 2021, following changes to Google Play's terms that banned the sale of tobacco and liquor, Dunzo launched a parallel app called Dunzo Mo which can be downloaded as an APK file on the website.[30] Tobacco and paan items are no longer available on Dunzo's main app for Android users although they are available on the iOS version and on the website.[31]

Partnerships[]

In May 2020, Dunzo partnered with FMCG major PepsiCo to deliver its 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. [32]

In the same month, it also partnered with digital payments app Google Pay to provide grocery and medicine delivery, bike pool, pickup-and-drop, among other services. [33]

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. ^ Kay, Chris (9 April 2021). "Dunzo seeks $150 mn funding to reach more Indian cities, become $1 bn business by 2023". ThePrint. Retrieved 16 September 2021.
  4. ^ Prime, E. T. "Dunzo | Economic Times". ET Prime. Retrieved 21 December 2018.
  5. ^ "On-demand delivery app Dunzo to launch in Chennai - Times of India". The Times of India. Retrieved 21 December 2018.
  6. ^ "Dunzo delivery trend shows its users were 'unapologetically' lazy in 2018 - Times of India". The Times of India. Retrieved 4 January 2019.
  7. ^ "Curds to condoms: This company delivers all - Times of India". The Times of India. Retrieved 4 January 2019.
  8. ^ Alauddin, Shameen (17 December 2017). "Google-backed task fulfillment start-up dunzo runs errands to make money". Business Standard India. Retrieved 4 January 2019.
  9. ^ Bansal, Varsha (5 May 2018). "Facebook to hit e-commerce market with B2C offering". The Economic Times. Retrieved 4 January 2019.
  10. ^ a b Das, Shabori (4 July 2018). "Dunzo set for a ride, UberMoto watch out". The Economic Times. Retrieved 21 December 2018.
  11. ^ "Dunzo set to launch bikesharing service in Gurugram". MediaNama. 4 July 2018. Retrieved 21 December 2018.
  12. ^ "OYO, Cure.Fit among most sought after startups in India: LinkedIn". The Economic Times. 18 September 2018. Retrieved 4 January 2019.
  13. ^ 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.
  14. ^ Balaji, Sindhuja. "How This Google-Backed Startup Cracked The Code To Hyper Convenience In India". Forbes. Retrieved 21 December 2018.
  15. ^ a b "Dunzo: Google's chosen one". Forbes India. Retrieved 21 December 2018.
  16. ^ a b Chanchani, Madhav (9 December 2017). "Google makes first direct investment in India, funds hyper local startup Dunzo". The Economic Times. Retrieved 21 December 2018.
  17. ^ "No, Maharashtra Is Not Getting An Online Liquor Delivery Policy". HuffPost India. 16 October 2018. Retrieved 4 January 2019.
  18. ^ "Task management app Dunzo to raise money from existing investors". Techcircle. 13 November 2018. Retrieved 21 December 2018.
  19. ^ a b "|Dunzo! How a hyperlocal concierge app is killing it in Bengaluru FactorDaily". FactorDaily. 30 August 2016. Retrieved 21 December 2018.
  20. ^ a b "Google invests Rs 65 crore in hyper local app Dunzo, its first direct investment in an Indian startup". Businesstoday.in. Retrieved 21 December 2018.
  21. ^ 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)
  22. ^ 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.
  23. ^ Ananth, Venkat (13 July 2018). "Startups fight big global e-commerce firms to win online grocery battle". The Economic Times. Retrieved 4 January 2019.
  24. ^ Srinivasan, Supraja (3 October 2018). "Swiggy pilots B2B offering under Swiggy Café at corporate cafeterias". The Economic Times. Retrieved 4 January 2019.
  25. ^ Srinivasan, Supraja (30 July 2018). "Swiggy looks to extend service across hyperlocal delivery market by November". The Economic Times. Retrieved 4 January 2019.
  26. ^ "'Why should we talk to Dunzo?' State regulators fume at liquor delivery". Retrieved 4 January 2019.
  27. ^ 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.
  28. ^ "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.
  29. ^ "Hyperlocal Delivery Startup Dunzo Raises 34 Cr To Fend Off Swiggy Challenge". Inc42 Media. 29 August 2019. Retrieved 29 August 2019.
  30. ^ Deep, Aroon (1 July 2021). "After Play Store's tobacco ban, Dunzo launches new app for cigarettes". MediaNama. Retrieved 15 November 2021.
  31. ^ Deep, Aroon (23 April 2021). "Dunzo stops cigarette, 'paan' sales for Android users". MediaNama. Retrieved 15 November 2021.
  32. ^ "Dunzo to deliver PepsiCo's Lay's, Kurkure, Doritos at your doorstep". The Financial Express. 26 May 2020. Retrieved 21 June 2020.
  33. ^ 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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