Google has paid $10m for a 33.8% stake in Dunzo as part of a $12.5m series B round the company will use for geographical expansion.
India-based task management app Dunzo raised Rs 808m ($12.5m) in a series B round led by internet technology provider Google, VCCircle reported yesterday.
Google invested approximately $10m through its Google Asia Pacific arm, acquiring a 33.8% stake in the company. Aspada Investment Advisors and Blume Ventures also took part in the round, providing $1.9m and $600,000 respectively.
Founded in 2015, Dunzo is a mobile task management platform available on mobile devices to users in the Indian cities of Bengaluru and…
