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Dunzo is an on-demand hyperlocal delivery platform in India that connects users with delivery partners to complete groceries, packages, food, medicines, and other errands in cities like Bengaluru, Mumbai, and Delhi. The service works through a mobile app where customers place orders and a network of delivery partners picks up and delivers, earning revenue from delivery fees, store commissions, and surge pricing. It expanded into quick commerce (Dunzo Daily) and piloted bike taxis, aiming to offer fast, wide-ranging last-mile services under one umbrella. Despite substantial funding, high cash burn and competition led to layoffs and, by January 2025, the platform ceased operations and investors wrote off the stake.
Industries
Data & Analytics
Consumer Software
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$487.9M
Headquarters
Bengaluru, India
Founded
2015
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Total Funding
$487.9M
Below
Industry Average
Funded Over
18 Rounds
Medical Coverage - Medical Insurance covered for the individual, spouse and two children
Generous Parental Leave - Maternity leave of 6 months Paternal leave of 15 days
Monthly Food Wallet - Non taxable food wallet transferred every month for food and grocery expenses
Wellness Camps - Regular wellness camps organised for tests for blood, Body Mass Index, Diabetes etc.
Indian IPOs have led to significant gains, with VC firms making exits worth around ₹15,000 crore. Companies like Ather Energy, BlueStone, Lenskart, Urban Company, Groww, and Pine Labs have contributed to these gains. Funds such as Peak XV Partners, Elevation Capital, and Accel hold stakes valued at over $8 billion. Meanwhile, Dunzo co-founder Kabeer Biswas is raising funds for a new AI concierge startup offering services like errand handling and travel bookings.
Dunzo, an on-demand hyperlocal delivery app for food and groceries, has raised a total funding of $449 million from investors such as Reliance Retail, Alphabet's Google, Alteria Capital, Blume Ventures, and Greyhound Capital, according to data platform Tracxn.
However, earlier this year, Biswas stepped down from his role as the CEO of Dunzo, following a restructuring within the company.
In a recent development, Dunzo, the e-commerce delivery firm backed by Reliance Retail, has laid off 150 employees, leaving only 50 employees in its core supply and marketplace teams.
Velvin Group, a leading Indian manufacturer of sustainable packaging solutions, filed the insolvency plea against Dunzo in November last year
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Industries
Data & Analytics
Consumer Software
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$487.9M
Headquarters
Bengaluru, India
Founded
2015
Find jobs on Simplify and start your career today