India · Series D startup

Who invested in Dunzo

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Valuation: $775M, Oct 2024

Funding summaryUpdated 26 Oct 2026

$80Mraised across 4 rounds since 2017, from 4 sources

$12MSeries B$3.1MSeries C$20MRound$45MSeries D
Latest round
Series D, $45MOct 2019
Step-upi
2.3×
Investors
9 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019
$12MSeries B$3.1MSeries C$20MRound$45MSeries D
First round
Series B, $12M
Dec 2017
Biggest round
$45M
Series D · Oct 2019
Usual gap between rounds
6 months
the median of 3

The rounds

  1. Oct 2019
    Series D$45M3 new1 returning

    Reported by TechCrunch

  2. Apr 2019
    Round$20M1 new

    Reported by Livemint

  3. Feb 2019
    Series C$3.1M3 new1 returning

    Reported by Indianweb2

  4. Dec 2017
    Series B$12M2 new
    • BlumeLead
    • Google/ Aspada

    Reported by VCCircle

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series B2017Series C2019Round2019Series D2019BlumeLGoogle3L CapitalSTIC VenturesLakshmi NarayananRaintree Family OfficeGoogle/ AspadaLightbox VenturesMonika Garware Modi

Everyone who backed them

Blumeno record of our own yet2rounds, led 1
GoogleAccelerator2rounds
3L CapitalPrivate equity1round
STIC VenturesVC firm1round
Raintree Family OfficeFamily office1round
Google/ Aspadano record of our own yet1round
Lightbox Venturesno record of our own yet1round
Monika Garware Modino record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Dunzo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Evolvence India FundPrivate equityPer its own site

Quick answers about Dunzo

Who invested in Dunzo?

Dunzo's investors include Blume, Google, 3L Capital, STIC Ventures and Lakshmi Narayanan, and 4 more on record.

How much has Dunzo raised?

Dunzo has raised $80M across 4 rounds since 2017.

When did Dunzo last raise?

Dunzo's most recent round was a Series D of $45M in Oct 2019.

What was Dunzo's biggest round?

Its most recent round, $45M in Oct 2019, is also its largest on record.

Who backed Dunzo first?

Dunzo's first round on record, in Dec 2017, was backed by Blume and Google/ Aspada.

What stage is Dunzo at?

Dunzo's latest named round is a Series D, in Oct 2019.

Where is Dunzo based?

Dunzo is based in India.

Who led Dunzo's rounds?

Blume led the Series B in 2017.

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