Dunzo, the Bengaluru-based hyperlocal delivery startup, has raised $11 million debt capital led by Alteria Capital.
The startup said it would fuel its growth in profitable markets with this debt capital.
Kabeer Biswas, Co-Founder and CEO, Dunzo said: “From the early stages of Dunzo, we’ve always focused on building a sustainable business model.
Founders of Dunzo- Kabeer, Mukund, Ankur, and Dalvir"Our aim is to keep building exceptional customer experiences for our merchants, delivery partners, and users with the most efficient logistics solution in the world.
Vinod Murali, Managing Partner, Alteria Capital said, “Kabeer and the team at Dunzo have ensured that the benchmark for hyperlocal services has been raised significantly. | To read full story, visit https://startuparound.com/read/1582084806.3252947/[Funding-alert]-Dunzo-raises-$11M-led-by-Alteria-Capital?ref=audio_experience