Dunzo which is an artificial intelligence based app has receive the funding of 22.4 the series C round. Companies planning to use this investment to strengthen there technology and branding. The best part of this funding round is that Cognizant cofounder N Lakshmi Narayanan also participated in the round. This clearly suggests that Dunzo Has lot of potential to grow in the market
The company plans on investing in brand marketing and routine operations.
Other important formation
In the past company has raised INR 7 Cr ($983K) from Alteria Capital
Dunzo is Bengaluru based artificial intelligence (AI)-driven hyperlocal concierge app
To acquired the recent round of funding company has issued shares to Milestone Trusteeship Services, N Lakshmi Narayanan, Monika Garware Modi, and Raintree Family.
Company was Founded in 2015 by Ankur Aggarwal, Dalvir Suri, Mukund Jha, and Kabeer Biswas.
From this APP, user has also do the following things - paying bills, getting car services, repairing things among many more.
As per the reports available on the internet 5 October 2018 Dunzo has completed over 1 Mn transactions. All the transactions came from four cities — Gurugram, Hyderabad, Pune and Chennai.