In its first direct investment in an Indian startup, global technology major Google has invested Rs 65 crore in Dunzo, a hyper local concierge and delivery firm. The company is looking to nurture local firms to use its platform and grow its service.
Google India Managing Director Rajan Anandan, also a prolific angel investor, is an early backer of Dunzo.
Blume Ventures and Aspada, an early-stage investor who backs startups with a local business joined Google in the Series B round of Rs 80 crore, the Bengaluru-based Dunzo disclosed in its filings with the Ministry of Corporate Affairs. Both Aspada and Blume