- Dunzo (Dunzo Digital Private Limited) is a hyperlocal quick commerce company that provides 19-min delivery of groceries through Dunzo Daily and performs pick-up & drop services across the city through courier. It also helps businesses reach their users through Dunzo For Business. Dunzo offers on-demand delivery of a wide array of goods including grocery delivery, food delivery, personal errands, and more.
- Dunzo was founded in 2014 by Kabeer Biswas, Ankur Agarwal, Mukund Jha, and Dalvir Suri. The company started out as a WhatsApp group and transformed into a hyperlocal, app-based service.
- Dunzo is backed by investors such as Sequoia Capital India, Lightspeed Venture Partners, Reliance Retail, and Google.
- The company is headquartered in Bengaluru, India, and it is currently available in over 30 cities in India.
- Dunzo's business model is based on two main sources of revenue:
• Delivery fees: Dunzo charges a delivery fee for each order that is delivered. The delivery fee is typically based on the distance to be covered and the weight of the order.
• Commissions: Dunzo also charges merchants a commission on each order that is delivered. The commission rate is typically between 15% and 30% of the order value.
No. of Equity Shares | No. of Preference Shares | Total no. of Shares |
10,617 | 2,38,769 | 2,49,386 |
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