Sunday, December 22

Tag: Aspada Investors

Hyperlocal Tasks Management App dunzo Bags $12.3M From Google
FUNDING

Hyperlocal Tasks Management App dunzo Bags $12.3M From Google

Alphabet Inc's tech giant Google has led a $12.3 million round in Bangalore based Dunzo Digital Pvt Ltd owned daily tasks management app Dunzo, ET reported. The round also saw participation from its existing investors Blume Ventures and Aspada Investment Advisors, a person familiar with the development told the source. The investment is part of Google's Next Billion Users (NBU) push. The startup, which is present only in Bengaluru right now, plans to expand to other cities across India. "We want to expand to top 5-6 cities by end of 2018 and scale up from 1 lakh transactions a month right now to 1 lakh transactions a day," Biswas told ET. dunzo provides hyper local services like employ its app for an assortment of errands such as pick up food or grocery from that don't have deli...