Google-backed Dunzo scales revenue 1.6x in FY21, reduces losses by 43%

In the coming weeks and leading up to 2022, Dunzo will be deploying over 300 micro fulfillment centres across 700 neighborhoods in the country, facilitating deliveries in under 19 mins

Google-backed delivery and e-commerce company Dunzo has scaled revenue of about 1.6x in FY21 while serving as an essential service during an ongoing pandemic. Dunzo had seen its revenue from operations grow 35X to Rs 27.5 crore during FY20.

Dunzo has also reduced cash burn by 43 per cent and used its distinct first-mover advantage to establish its dominance as a Q-commerce platform in the Indian market.

Dunzo has scaled its GMV (gross merchandise value) by about 65 per cent in FY21, on the back of organic demand, with more than 90 per cent of users signing up to the platform organically