DUNZO has given such a blessing many times when it involves work related to childbirth. It can be a web firm that distributes groceries, food and many types of goods.
Dunzo is a hyper-local market on-demand delivery service in India. It delivers anything and everything on demand with minimal delivery charges. If you have forgotten some documents at home, Dunzo can take them to his office. If you want to buy a T-shirt from a mall, but are not in a position to go there and buy, Dunzo will find you.
STORY OF IDEA DUNZO
Kabir Vishwas shifted to Bangalore in six months. They decided to test a new business idea based on a self-fulfilling, to-do-list product. This was the original idea behind Danzo. His small room in a duplex became Dunzo’s headquarters. He started telling his friends about the concept. Kabir soon started working for the people on bikes and completed them all by himself. People left a message on her WhatsApp number and she made sure that she was done.
To help him in this task, he hired a few people from an NGO on a part-time basis. This team in June 2015 completed 70 deliveries in just one day. This gave rise Dunzo a popularity boost and in the next three months, the startup received its first major investment. Due to the surge in demand, the Whatsapp-based service was transformed to an app in 2016. Other co-founders stepped in and made the app a huge success.
DUNZO addressed the stress people face all day: the need to stimulate things. Users will know what to do, and Dunzo will have to figure it out. The idea was to boost efficiency. This includes matching and providing demand, which specializes in different geographies, ensuring partner locations are in those geographic areas, and handling real-world flows.
You won’t find it difficult to leave your home to shop for something or taste your favorite food. Thanks to technology, it all comes directly to you. The difficulty is that you want to travel to search from application to application for special requirements.
DUNZO IS REQUIRED
While there is no shortage of food and groceries platforms in India, the first issue lies within the inconvenience of finding and displaying apps that fit our needs perfectly. With the changing needs of shoppers often in different stores, it becomes a struggle to accommodate a trip that is beaten, especially within the current COVID19 epidemic era where exhaust is not necessary. Do not know
Imagine how favorable it would be if these requirements could be accommodated within a stage? It currently operates in Bangalore, Noida, Delhi, Chennai, Hyderabad, Pune, Hyderabad and Mumbai. Danzo connects you to the distribution partners that are closest to you, thus making it slow and energy saving. This allows you to deliver or receive items within the shortest time at the swipe of just one finger. Danzo is like a personal assistant who works for you. His team is often on the move to address your daily concerns.
DUNZO – FOUNDERS AND TEAM
Ankur Aggarwal, a computer science graduate from IIT Roorkee, is the co-founder of Danoz. Ankur worked with third co-founder Mukund Jha at Google and the duo also started an HR tech company called Filter.
The fourth co-founder of Danjo is Dalveer Suri, a graduate from the University of Mumbai. Dalveer worked at IBM and was also the head of operations and delivery at Cybrilla Technology.
Dunzo – Revenue
1)The startup has a total revenue of Rs. 3.5 crores in FY19. Rupees. 76 lakhs were “revenue from operations”, and a balance of Rs. 2.7 crores was from “other income”.
2)Dunzo reported a loss of Rs. There was a loss of Rs.69.7 crore in the financial year 2016-16, an increase of 671%. 21.9 crores in the previous year (as stated by the documents filled by the Registrar of Companies.
DUNZO – FUNDING AND INVESTORS
|November 2016||$1.18 Million||Aspada Investment||Series A|
|December 2017||$12.3 Million||Google, Blume Ventures, Aspada Investment||Series B|
|November 2018||$70 Million||Alteria Capital||Debt|
|February 2019||$3.1 Million||Blume Ventures, Lakshmi Narayanan, Raintree Family Office, Monika Garware Modi||Series C|
|April 2019||$684.2 Million||Google, Blume Ventures, Alteria Capital, Patni Wealth Advisors||Corporate Round|
|May 2019||$50 Million||Kalpavriksh Fund||Venture Round|
|June 2019||$29.9 Million||Belltower Fund Group Ltd||Series C|
|August 2019||$2.8 Million||Alteria Capital||Debt|
|October 2019||$45 Million||Lightbox Ventures, 3L Capital, STIC Investment, STIC Ventures and Google||Series D|
|February 2020||$11 Million||Alteria Capital||Debt|
|September 2020||$28 Million||Google, Lightstone Fund||Series E|
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