AI-Driven On Demand Task Manager App Dunzo Raises $3.1M
Mobile App

AI-Driven Chat-Based Hyperlocal Services App Dunzo Raises $3.1M In Series C Funding

Dunzo claims to have handled more than a million transactions!

https://dk2dyle8k4h9a.cloudfront.net/AI-Driven Chat-Based Hyperlocal Services App Dunzo Raises $3.1M In Series C Funding

Artificial Intelligence-driven on-demand task manager app Dunzo has raised $3.1 million in a Series C funding round. The investment round was led by Milestone Trusteeship Services, N Lakshmi Narayanan (former Cognizant CEI), Monika Garware Modi, and the Raintree Family.

The startup which was founded in Bengaluru in 2015 by Ankur Aggarwal, Dalvir Suri, Mukund Jha, and Kabeer Biswas, is active in mostly four cities and boasts of handling more than a million transactions.

The Dunzo app can be downloaded on your mobile phones and has a chat initiated from within the app to get a host of tasks completed such as shipping of packages, buying products, picking and dropping off items, etc.

Once a customer picks up a task to be completed, the app uses AI to break down the tasks into simpler activities and comes up with a solution. It also enables users to create to-do lists and collaborate with vendors to get it done.

Narayanan, one of the investors, said,

The company has raised INR 7 Cr ($983K) from venture debt firm Alteria Capital, last year in November. In December 2017, Dunzo raised INR 80.8 Cr ($12. 3 Mn) in a Series B funding round led by Google.

MAD Team
Written By
MAD Team

MobileAppDaily host a team of experienced technical writers, industry wizards, and app experts who have an exact knack of content that caters to the needs of the mobile app targeted audience. We strive to bring you the best of tech!

Top Companies

InMobi
Singapore
Dot Com Infoway
New York, USA
M&C Saatchi Mobile
New York City, USA
Techmagnate
New Delhi, India
Fetch
London, UK
View full report

Latest Articles

Join our global community 135K Followers
Mobile App

Customer Friendship Platform Dixa Raises $14M

MAD Team 4 min read  

Dixa, a Copenhagen, Uk-based startup that provides customer service to companies has reportedly raised $14 million in Series A funding. The investment round was led by Project A Ventures, with SEED Capital also participating in the effort.The first ‘Customer Friendship Platform’ was

Mobile App

AI Powered Music Startup Musiio Raises $1M

MAD Team 4 min read  

Musiio, Singapore-based AI music startup that helps digital music companies with discovery and creation through Artificial Intelligence has raised $1 million in seed funding.The investment round was led by Wavemaker Partners, U.S. investor Exponential Creativity Ventures, and other angel investo

Mobile App

Meditation App Calm Raises $88 Million In Series B Funding

MAD Team 2 min read  

The well-known meditation and wellness app, Calm has raised $88 million in Series B funding that has helped the app to be valued at $1 billion. Calm is one of the best wellness apps available in the market.The financing round was led by TPG Growth, partnered with Creative Artists Agency (CAA), a

Mobile App

Dropbox Buys HelloSign for $230 Million, Gets Workflow And E-Signature Functionalities

MAD Team 2 min read  

Dropbox, the leading global platform for syncing and sharing files in the cloud, has announced that it has agreed to pay a hefty $230 million to HelloSign.HelloSign, the San Francisco based company that provides lightweight document workflow and e-signature services, has more than 80,000 custome