Bengaluru-based Daily Tasks Management App Dunzo Raises Rs 7 crore
Dunzo, a daily tasks management app based in Bengaluru has reportedly secured funds amounting to Rs 7 crore ($962,500) in a funding round. This funding round was led by venture debt firm Alteria Capital.
The company plans to utilize these funds for general corporate purposes and to expand its services, the filings stated.
The company is run by Dunzo Digital and according to the filings with the Registrar of Companies, it raised this sum early this month by issuing secured non-convertible debentures.
Prior to this, Dunzo raised $12. 3 million (Rs 80.8 crore) in a Series B funding round in December 2017 led by ed by global technology giant Google. The deal also marked Google’s first direct investment into an Indian company.
The company was founded by Biswas, Ankur Aggarwal, Dalvi...