Dunzo, a hyperlocal delivery platform, has raised $240M in a Series F round that drew participation from Reliance Retail Ventures, Lightbox Ventures, and Lightrock, among others.
How’s the company performing?
- India-based Dunzo facilitates the delivery of food and groceries, medicine, pet supplies, and a variety of other everyday essentials for consumers in India.
- It aims to complete deliveries in 20 minutes or less.
- The company is experiencing 20% week-over-week growth.
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The post Dunzo Valuation Hits $775M With New Financing From Reliance — Its Competitors In The Indian Hyper-Local Delivery Space Include Swiggy, Zepto, And Blinkit appeared first on CB Insights Research.