# Dunzo funding: rounds and investors

> Dunzo has raised $80M across 4 rounds since 2017. Investors include Blume, Google and 3L Capital. Every round with its source.

Source: https://millionrounds.com/company/dunzo (Millionrounds; every figure on the page links to its filing or article)

India · [Series D startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$80M** raised across 4 rounds since 2017, from 4 sources

**$12M** Series B **$3.1M** Series C **$20M** Round **$45M** Series D

- **Latest round:** Series D, $45M Oct 2019
- **Step-up i:** 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.

2018 2019

**$12M** Series B

**$3.1M** Series C

**$20M** Round

**$45M** Series D

- **First round:** Series B, $12M
- **Biggest round:** $45M
- **Usual gap between rounds:** 6 months

## The rounds

- **Oct 2019** Series D **$45M** *3 new* *1 returning* [Google](https://millionrounds.com/fund/google-assistant-investments) [3L Capital](https://millionrounds.com/fund/3l) [STIC Ventures](https://millionrounds.com/fund/stic-ventures) Lightbox Ventures Reported by TechCrunch
- **Apr 2019** Round **$20M** *1 new* [Google](https://millionrounds.com/fund/google-assistant-investments) Reported by Livemint
- **Feb 2019** Series C **$3.1M** *3 new* *1 returning* [Lakshmi Narayanan](https://millionrounds.com/fund/lakshmi-narayanan) [Raintree Family Office](https://millionrounds.com/fund/raintree-family-office) Blume Monika Garware Modi Reported by Indianweb2
- **Dec 2017** Series B **$12M** *2 new* Blume Lead 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 B** 2017 **Series C** 2019 **Round** 2019 **Series D** 2019 Blume L [Google](https://millionrounds.com/fund/google-assistant-investments) [3L Capital](https://millionrounds.com/fund/3l) [STIC Ventures](https://millionrounds.com/fund/stic-ventures) [Lakshmi Narayanan](https://millionrounds.com/fund/lakshmi-narayanan) [Raintree Family Office](https://millionrounds.com/fund/raintree-family-office) Google/ Aspada Lightbox Ventures Monika Garware Modi

## Everyone who backed them

Blume no record of our own yet **2** rounds, led 1

[Google](https://millionrounds.com/fund/google-assistant-investments) Accelerator **2** rounds

[3L Capital](https://millionrounds.com/fund/3l) Private equity **1** round

[STIC Ventures](https://millionrounds.com/fund/stic-ventures) VC firm **1** round

[Lakshmi Narayanan](https://millionrounds.com/fund/lakshmi-narayanan) Angel **1** round

[Raintree Family Office](https://millionrounds.com/fund/raintree-family-office) Family office **1** round

Google/ Aspada no record of our own yet **1** round

Lightbox Ventures no record of our own yet **1** round

Monika Garware Modi no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dunzo).

## 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 Fund](https://millionrounds.com/fund/evolvence-equity-partners) Private equity Per 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.

## Companies like Dunzo

In the same sector, and raised in the last eighteen months.

[**FirstClub** $78M · Jun 2026](https://millionrounds.com/company/firstclub)[**Thimblerr** $2.8M · Jan 2026](https://millionrounds.com/company/thimblerr)[**Servify** $20M · Jan 2026](https://millionrounds.com/company/servify)[**Square Yards** $73M · Nov 2025](https://millionrounds.com/company/square-yards)[**Rebel Foods** $175M · Sept 2025](https://millionrounds.com/company/rebel-foods)[**Acko** $77M · Jul 2025](https://millionrounds.com/company/acko)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
