India’s quick and rapid delivery space has just got more interesting with hyperlocal delivery startup Dunzo announcing on Thursday that it has raised $240 Mn in a fresh funding round. Reliance Retail, which owns Jio Mart, has spearheaded the latest funding round. The Mukesh Ambani promoted company has reportedly contributed $200 Mn in the round…
Dunzo, a hyperlocal startup headquartered in Bengaluru, has secured fresh funding of $11 Mn from existing investor and venture debt specialist Altera Capital.
Google-backed Dunzo raises fresh debt capital from Altera Capital
The company hinted that it will utilize the debt capital to sustain and fuel growth in profit-orientated markets.
Vinod Murali, Managing Director Altera Capital, said that…
