Monday, March 27, 2023
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Dunzo

Alliance Insurance Brokers has partnered with the delivery platform to provide personal accident insurance cover to delivery partners

The Rest Points offer essential facilities such as clean drinking water, phone-charging stations, washrooms, high-speed internet, a 24/7 helpdesk and first-aid support

The start-up plans to use the funds to strengthen the community, build new products and primarily scale up the engineering and product teams for product development

In January 2022, Dunzo was looking to raise about $100 million through convertible notes to scale its Dunzo Daily verticle

The company raised $240 million from Reliance Retail in January 2022

The rating of 12 digital platforms was done by a Fairwork India team in association with Oxford University

The challenges of surviving a high cash burn segment such as quick commerce have forced several players to scale back leaving the emergence of a duopoly in the space

Vaishnav Shetty, executive director of Allcargo Logistics, Pirojshaw Sarkari, CEO of Gati, Ankur Agarwal, co-founder of Dunzo, Saurabh Aggarwal, co-founder of Fitso and Himanshu Periwal, co-founder of unlu also participated in the round

Dunzo earlier had 120 dark stores across eight cities in the country