Business Standard

Monday, December 23, 2024 | 05:53 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Google invests in Rajan Anandan backed hyper local startup Dunzo

This is the first direct investment in an Indian startup by Google, the world's largest internet services company

Google has picked an answer for you — too bad it’s often wrong
Premium

Google

Raghu Krishnan Bengaluru
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in