| Date | Title | Description |
| 15.07.2026 | AI software creation startup Emergent becomes India’s newest unicorn after raising $130 million | Indian AI software creation platform Emergent has become India's newest unicorn startup after raising $130 million (approx. Rs 1,250 crore) in a Series C funding round at a valuation of $1.5 billion.
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The round was led by Creaeg... |
| 15.07.2026 | Agentic AI startup Emergent enters unicorn club with Series C round | Emergent co-founders Mukund Jha and Madhav Jha
Emergent, an agentic AI platform that enables founders and businesses to build full-stack, production-ready web and mobile applications, has raised $130 million (Rs 1,251 crore) in a Series C f... |
| 15.06.2026 | Equal AI Secures $30M Series B to Conquer India's Voice-First Consumer AI Market | Equal AI, a leading consumer voice AI platform, just secured $30 million in Series B funding. Prosus Ventures and Tomales Bay Capital co-led the round. This significant capital injection propels Equal AI's ambitious expansion. The company m... |
| 12.06.2026 | Voice AI startup Equal raises $30 million from Prosus Ventures, Tomales Bay | Consumer voice artificial intelligence platform Equal AI has raised $30 million in a Series B funding round co-led by Prosus Ventures and Tomales Bay Capital, the company said in a statement on Friday.
The round also saw participation from ... |
| 22.04.2026 | Kabeer Biswas’ M Raises ₹102 Cr From Peak XV, Blume | SUMMARY
Former Dunzo cofounder Kabeer Biswas’ new startup, M, is looking to net ₹102 Cr (about $11 Mn) from Peak XV Partners
As per MCA filings accessed by Inc42, Peak XV Partners led the funding round with a ₹46.4 Cr investment. While Blum... |
| 22.01.2026 | Emergent Secures $70 Million Series B, Accelerating AI-Driven Software Revolution | Emergent, an agentic AI platform, recently secured $70 million in Series B funding. Khosla Ventures and SoftBank spearheaded the round. This capital fuels Emergent’s rapid expansion and product development. The company enables non-technical... |
| 20.01.2026 | AI startup Emergent raises $70 million from Khosla Ventures, SoftBank; valuation triples to $300 million | Synopsis
Emergent has raised $70 million in new funding, lifting its valuation to about $300 million just months after launch. The startup helps users build apps cheaply using AI and has grown revenues rapidly worldwide. The latest financin... |
| 20.01.2026 | Vibe-coding startup Emergent bags $70 mn in Series B funding | Emergent co-founders Mukund Jha and Madhav Jha
Emergent, an agentic AI platform, has secured $70 million (Rs 636 crore) in a Series B funding round from Khosla Ventures and SoftBank Vision Fund 2, just three months after closing its Series ... |
| 13.01.2026 | ‘No more 10-minute delivery’: Centre tells e-commerce and q-commerce players | - |
| 25.12.2025 | Startups turn concierges as India’s affluent are ready to pay to have life play to their tune | - |
| 26.09.2025 | Emergent Secures $23M to Revolutionize App Development with AI | Emergent, the innovative AI platform pioneering "vibe coding" for app creation, just closed a $23 million Series A funding round. Lightspeed Venture Partners led the investment. This significant capital injection fuels Emergent's ... |
| 24.09.2025 | Vibe coding platform Emergent raises $23M in Series A round led by Lightspeed | Emergent, an agentic vibe-coding platform, has secured $23 million in its Series A funding round led by Lightspeed. The round also saw participation from Together Fund, Y Combinator, Prosus Ventures, and leading angels including Jeff Dean, ... |
| 04.09.2025 | Reliance-Backed Dunzo Admitted Into Insolvency | SUMMARY
Reliance-backed Dunzo has been admitted into insolvency by the Bengaluru bench of NCLT after petitions from vendors including Exotel and Velvin Packaging, with an IRP appointed to oversee the process.
Despite raising $485 Mn from ma... |
| 08.08.2025 | Reliance Writes Off USD 200 Mn Investment in Dunzo Reliance had entered the quick commerce market by leading a USD 240 million funding round in Dunzo in January 2022. It acquired a 26 percent stake, p... | Reliance Retail, the consumer-facing arm of Reliance Industries, has officially written off its investment of INR 1,645 crore in hyperlocal delivery startup Dunzo. The disclosure was made in the company's annual report and follows a series ... |
| 07.08.2025 | Ex-Dunzo cofounder's AI startup said to be in funding talks | - |
| 07.08.2025 | Reliance Retail writes off Dunzo investment | - |
| 02.06.2025 | How to Choose the Right Grocery Delivery App Development Company for Your On-Demand, 10-Minute Delivery Business | Share
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The online grocery industry is no longer just about convenience—it’s now a race against time. With the rapid success of platforms like Zepto, Blinkit, Swiggy Instamart, Dunzo Daily, and Flipkart Minutes in Indi... |
| 27.05.2025 | Dunzo gets relief in one insolvency case as NCLT dismisses plea | - |
| 06.05.2025 | Swiggy Shuts Down Genie to Focus on Core Services Launched in April 2020, Swiggy Genie allowed users to send packages or pick up items within the city, competing with services like Uber Package, Porte... | Food and grocery delivery platform Swiggy has shut down Swiggy Genie, its hyperlocal delivery service, as it shifts focus to its main offerings—food delivery and quick commerce. According to a report by Moneycontrol, the company has decided... |
| 22.04.2025 | Traders' Body CAIT Urges Govt to Regulate Quick Commerce | - |
| 26.02.2025 | The Uncertain Future of Quick Commerce in India The report cautions that its growth could disrupt India's traditional grocery ecosystem, prompting regulatory scrutiny. Policymakers may step in to ensu... | India's quick commerce sector has been on an unprecedented growth trajectory, transforming the way consumers access everyday essentials. However, despite its meteoric rise, the industry is beginning to encounter significant roadblocks that ... |
| 16.01.2025 | The Startup Survival Guide: Navigating the Stormy Seas of Entrepreneurship | In the tumultuous world of startups, the allure of success often blinds entrepreneurs to the harsh realities of business. The statistics are sobering: nearly 75% of venture-backed startups fail. The reasons are as varied as the companies th... |
| 15.01.2025 | Avoid Going from Riches to Rags: 6 Lessons for Startups With financial backing, entrepreneurs are equipped with the resources they need to innovate, scale, and disrupt industries. But despite these ad... | In the high-stakes world of startups, Venture Capitalists (VC) is often seen as the golden ticket to success. With financial backing, entrepreneurs are equipped with the resources they need to innovate, scale, and disrupt industries. But de... |
| 13.01.2025 | Dunzo App & Website Down Amid Employees’ Exit | SUMMARY
Amid the ongoing troubles of hyperlocal delivery startup Dunzo, its mobile app and website are down
Its website is showing the message, “{"error":"Something went wrong."}.” The mobile app is displaying, “Somethin... |
| 09.01.2025 | Dunzo Co-founder Kabeer Biswas to head Flipkart’s quick commerce unit Minutes | E-commerce major Flipkart is appointing Dunzo Co-founder Kabeer Biswas to lead the company’s quick commerce vertical Flipkart Minutes, according to sources.
The appointment is subject to Kabeer offloading his stake in Dunzo and the sharehol... |
| 06.01.2025 | Reliance Retail Writes Off USD 200 Mn Investment in Dunzo Amid Cash Crunch Reliance, which held a 25.8% stake since its January 2022 investment, is no longer pursuing further funding discussions or di... | Reliance Retail has written off its USD 200 million investment in hyperlocal delivery startup Dunzo, citing the company's ongoing cash crunch and retreat from quick commerce over the past two years, according to an Inc42 report.
Reliance, w... |
| 04.01.2025 | Exclusive: Reliance Retail Writes Off $200 Mn Dunzo Investment | SUMMARY
Dunzo cofounder and CEO Kabeer Biswas as per our sources is leading talks with high net worth individuals and family offices for an acquisition deal
Reliance is also not involved in any talks to infuse funds into Dunzo or acquiring ... |
| 03.01.2025 | Dunzo on the brink: CEO’s exit, buyout talks and mounting losses | Bengaluru-based quick-commerce start-up Dunzo finds itself in a precarious position with its co-founder and CEO, Kabeer Biswas, discussing the possibility of stepping down with investors.
The Reliance Retail-backed company, is reeling under... |
| 03.01.2025 | Dunzo Looking For A Distress Sale To Address Financial Woes: Report | SUMMARY
Dunzo is reportedly looking for a buyer as the company seeks to address its financial woes via potential sale
The startup has also approached potential acquirers, including Reliance Retail, Flipkart, PhonePe and Swiggy
Currently, Re... |
| 03.01.2025 | Kabeer Biswas Steps Down as CEO of Dunzo After 10 Years According to filings with the Ministry of Corporate Affairs, Biswas and Ankur Agarwal registered a new venture, Nexavise Solutions, in June 2024... | Kabeer Biswas, co-founder and CEO of Dunzo, has decided to step down after over a decade of leadership at the hyperlocal delivery company. This marks a significant shift for Dunzo, which has seen other co-founders Mukund Jha, Dalvir Suri, a... |
| 16.10.2024 | Licious narrows FY24 losses by 44%, revenue down to ₹685 crore | Delightful Gourmet, which owns the direct-to-consumer (D2C) meat and seafood brand Licious, reduced its losses by 44 per cent to ₹293.77 crore in FY24 from ₹524.18 crore in FY23. The revenue from operations stood at ₹685.05 crore down from ... |
| 16.10.2024 | Licious reports Rs 685 Cr revenue in FY24; cuts losses by 44% | D2C meat and seafood brand Licious has reported modest growth over the past two fiscal years, with revenue stabilizing around Rs 700 crore. The company achieved a 44% reduction in losses in FY24, despite a 9% revenue decline from Rs 746 cro... |
| 16.10.2024 | Licious Says FY24 Loss Down 44% YoY To INR 294 Cr | SUMMARY
Licious claimed that its loss declined 44% to INR 293.77 Cr in the financial year 2023-24 (FY24) from INR 528.5 Cr in the previous fiscal year
The startup's revenue also declined 8.4% to INR 685.05 Cr during the year under review fr... |
| 27.09.2024 | NCLT Pulls Up Cash-Strapped Dunzo For Failing To Reach Settlement With Creditors | SUMMARY
During a hearing on September 27, NCLT refused to hear Dunzo’s objections to the insolvency cases lodged against the company
The tribunal observed that Dunzo was given 3 months time and it has still not reached a settlement with its... |
| 31.08.2024 | Dunzo Fires 150 More Employees Amid Funding Woes | SUMMARY
Dunzo retains core team of 50 after major staff reduction, highlighting its ongoing financial struggles.
The startup's attempts to secure new funding face hurdles as losses continue to climb significantly.
Amid mounting challenges, ... |
| 26.07.2024 | Dunzo In Insolvency Soup Again As Another Creditor Files IBC Application | SUMMARY
Invoice Discounters of Dunzo Digital has filed an interlocutory application under section of Insolvency and Bankruptcy Code, 2016, alleging that Dunzo has only cleared half of the dues it owes
The lawyer representing Dunzo argued be... |
| 29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
| 27.05.2024 | NCLT Grants 2-Week Time To Dunzo To Reach Settlement With Betterplace Over Pending Dues | SUMMARY
The latest extension will likely help Dunzo stave off new insolvency proceedings for the next couple of weeks
While Dunzo’s counsel sought two weeks extension, Betterplace said it has been hearing about a settlement for almost a yea... |
| 27.05.2024 | Japan’s Eneos leads Zypp Electric’s Series C funding | (From left) Zypp Electric co-founders Tushar Mehta, Akash Gupta and Rashi Agarwal
Electric vehicle delivery app Zypp Electric Tuesday said it has raised $15 million (Rs 124.6 crore) as part of its Series C funding round, led by Japanese inv... |
| 22.05.2024 | Dunzo sees another board exit as VC firm Lightbox gives up seat | Reliance-backed quick commerce Dunzo has seen the departure of investor Lightbox from its board, which marks the departure of the third largest investor from the company’s board of directors.
Siddharth Talwar, Co-founder and Partner at Ligh... |
| 22.05.2024 | Navigating the Boom: How Investors Are 'AI-ing' Big in India While the startup ecosystem tries to leave the funding winter behind, the AI startups and investors are having a pleasant time | - |
| 15.05.2024 | Dunzo-backer Blume Ventures looking to tap India's greying population | Dunzo- and Unacademy-backer Blume Ventures is turning its attention towards the elderly in India as the world’s most populous country starts to grey. |
| 30.04.2024 | Why the failed delivery of Rs 187 ice cream, cost Swiggy more than Rs 5,000 | - |
| 29.04.2024 | E-commerce market to hit $325 billion by 2030, rural India to lead growth | - |
| 18.04.2024 | Zepto declines Flipkart acquisition bid, aims to raise at $2.5b valuation: report | AcquisitionsEcommerceNews
Gabriel Budi Sutrisno · 1d ago · 2 min readZepto declines Flipkart acquisition bid, aims to raise at $2.5b valuation: report
(From left) Kaivalya Vohra and Aadit Palicha, co-founders of Zepto / Photo credit: Zepto
... |
| 08.04.2024 | Hyperlocal Ecommerce: Targeting Neighborhoods and Communities | Share
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Dmitry Bardysh serves as the Head of B2B Operations at Yandex Delivery, bringing to the role over six years of professional expertise encompassing sales, business development, strategy, and operations w... |
| 11.03.2024 | Magicpin launches delivery service to enter logistics aggregation segment | Hyperlocal delivery startup Magicpin announced the launch of its delivery-as-a-service vertical Velocity, which the company plans to scale to 100,000 orders daily.
The platform is currently witnessing an average of 5,000 orders per day. Wit... |
| 11.03.2024 | Quick commerce is making fast inroads in India | Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10 to 20 minut... |
| 06.03.2024 | India’s Flipkart readies quick-commerce play | The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders instantly after making their purchases, a source familiar with the matter tol... |
| 05.03.2024 | NCLT Warns Dunzo Of Moratorium Over Unpaid Dues Worth INR 4 Cr | SUMMARY
Betterplace Safety Solutions moved the National Company Law Tribunal (NCLT) in Bengaluru against Dunzo for unresolved payments
In the hearing, the petitioner stressed that the quick commerce startup owed INR 4 Cr, suffered significa... |
| 27.12.2023 | What were the top 15 foodtech deals of 2023? | [Disclosure: AgFunderNews’ parent company is AgFunder.]
Foodtech investment followed a similar trajectory to other tech sectors in 2023, with a dramatic drop off in funding from the heady days of 2021 and early 2022.
Funding for eGrocery—th... |
| 17.08.2023 | The Week in AgriFoodTech: BP invests in green hydrogen, Toyota funds carbon measurement, Bushel gleans $26m | This week, BP and Toyota got involved with climate tech for green hydrogen and measuring soil carbon, respectively. Bushel, a platform for grain trade management, raised additional Series C funding. Elsewhere, food robots and restaurant tec... |
| 07.04.2023 | People Moves: Impossible Foods vet joins Nobell, cheers to Diageo’s first female CEO, FDA head to retire | To keep us all up to speed on the latest people moves in agrifood, AFN publishes a monthly column of the industry’s biggest leadership changes.
Are you in a new role or company? Know someone who has left? Drop me a line to share the details... |
| 15.03.2022 | Zomato To Give $150 Mn Loan To Blinkit, Merger On The Cards Valuing Blinkit At $700 Mn | In a major announcement, egrocery unicorn, Blinkit (formerly Grofers) is all set to merge with foodtech giant Zomato in a share-swap deal.
With preparations underway, Zomato is likely to approach the Competition Commission of India (CCI) fo... |
| 13.01.2022 | The Week in Agrifoodtech: Remilk raises $120m; ‘world’s first plant-based salmon fillet’ unveiled | There were multiple fundings above or near the $100 million mark this week in agrifoodtech, led by Estonian ride-hailing and food delivery app Bolt with its $709 million round.
Elsewhere, alt-dairy startup ReMilk raised $120 million, while ... |
| 07.01.2022 | Indian delivery app Dunzo raises US$ 240M in Venture round | Dunzo, a Bengaluru-based hyperlocal delivery startup linking customers to the nearby delivery valet, has secured US$ 240 million in a Venture funding round led by Reliance Retail on 6 January 2022. |
| 06.01.2022 | Reliance Retail leads $240 million round in Dunzo amid rapid delivery frenzy | The deal gives Dunzo ammunition to compete against Blinkit (earlier Grofers), new upstart Zepto, Swiggy-owned Instamart and BigBasket, among others and deliver groceries and essential items to urban households quickly.
Reliance Retail said ... |
| 06.01.2022 | Reliance Industries : Media Release by Reliance Retail Ventures Limited, a subsidiary of the Company - “Dunzo raises US$240M in a round led by Reliance Retail” | January 6, 2022 BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block,
Dalal Street, Bandra-Kurla Complex,
Mumbai 400 001 Bandra (East), Mumbai 400 051
Scrip Code: 500325 Tradi... |
| 18.11.2021 | Dark stores light up red-hot grocery delivery market | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Nikita Puri · 18 Nov 2021 · 9 min readDark stores light up red-hot grocery delivery... |
| 20.01.2021 | Dunzo mops up $40 Mn in Series E round | Bengaluru: Hyperlocal logistics company Dunzo has raised $12 million from new and existing investors including Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria Capital. With this, the Bengaluru-base... |
| 20.01.2021 | Delivery Startup Dunzo Raises $40 Million From Tech Giant Google, Others | Advertisment
Commenting on the latest fundraise, Kabir Biswas, Co-founder & CEO of Dunzo, said, "As a team, we are more focused than ever to enable local merchants to get closer to their users and build one of the most loved consu... |
| 19.01.2021 | Google backs India’s Dunzo in $40 million funding round | Google is writing check to another startup in India. The Android-maker, which last year unveiled a $10 billion fund to invest in the world’s second largest internet market, said on Tuesday that it is participating in a $40 million investmen... |
| 10.12.2020 | Hyperlocal Delivery Startup ‘Dunzo’ Raises Fresh Funding Of Rs 27.5 Crore | Dunzo, a Bengaluru-based hyperlocal delivery startup, has secured Rs 27.5 crore in its ongoing Series E round as a mix of debt and equity funding.
First reported by Entrackr, the fresh funding has come two months after its $28 million worth... |
| 28.10.2020 | FreshToHome banks $121m in India’s ‘largest ever Series C funding for consumer tech’ | Indian e-grocer FreshToHome has raised $121 million in a Series C round led by UAE sovereign fund, the Investment Corporation of Dubai. The startup said the deal is the biggest fundraise at this stage for an Indian consumer tech company to ... |
| 16.10.2020 | Zomato looks to boost balance sheet, plug China gap in advance of IPO with $52m funding | Indian food delivery unicorn Zomato has reportedly raised $52 million in funding from US-based, emerging market-focused firm Kora Investments.
The app — which allows Indians to order meals from local restaurants and have them delivered — ha... |
| 13.10.2020 | Walmart, Flipkart invest $30m in Indian farmer-to-business platform Ninjacart | India’s Ninjacart has announced a fresh injection of funding from US retail behemoth Walmart and and Indian e-commerce firm Flipkart.
While Ninjacart didn’t disclose financial details of the investment, the Economic Times reported it to be ... |
| 02.09.2020 | Google leads $28m Dunzo funding as Indian food e-commerce receives pandemic pickup | Investors are pouring more dollars into Indian food e-commerce as the industry continues to see heightened demand amid the country’s continuing Covid-19 crisis.
Bengaluru-based Dunzo has just raised $28 million in the first tranche of a new... |
| 01.09.2020 | Money Rain on Dunzo; Raises $28M in Series E Round Led by Google, Lightstone | Advertisment
Dunzo initially started with deliveries sourced from individuals, but it has now diversified into categories such as groceries, fruits, and vegetables, fish and meat, etc.
Dunzo combines the use of both artificial intelligenc... |
| 01.09.2020 | Dunzo raises USD 28 million in Series E round funding | Bengaluru: Hyperlocal delivery startup Dunzo has raised around $28 million, as part of its Series E round led by Google International LLC and Lightstone Fund S.A, according to documents sourced from business information platform Tofler.
Goo... |
| 01.09.2020 | Dunzo raises $16 mn in first tranche of growth round from Google, Lightstone | Binu Paul 1 Sep, 2020
Bengaluru-based Dunzo Digital, which runs an eponymous hyperlocal logistics platform, has raised about $16 million (Rs 117.33 crore) from returning investors Google and Lightstone in a growth funding round.
The compani... |
| 04.10.2019 | Google-backed Dunzo raises $45M to expand its hyperlocal delivery startup in India | An Indian startup that is increasingly posing a threat to established food and grocery delivery businesses and e-commerce giants just closed a new financing round to expand its business in the nation.
Bangalore-based Dunzo said today it has... |
| 04.10.2019 | Hyperlocal delivery startup Dunzo raises $45 mn from Lightbox, Google, others | Hyperlocal delivery platform Dunzo on Friday said it has raised $45 million (Rs 318.58 crore) in a fresh funding round from Lightbox, US-based growth equity firm 3L Capital, and South Korea's STIC Investment & STIC Ventures.
Existing in... |
| 04.10.2019 | Lightbox leads $45 mn Series D in hyperlocal logistics startup Dunzo | Shweta Sharma 4 Oct, 2019
Bengaluru-based hyperlocal logistics startup Dunzo has raised $45 million in its Series D funding round, led by venture capital firm Lightbox Ventures.
New investors South Korea’s STIC Ventures and US-based 3L Capi... |
| 29.08.2019 | Task management app Dunzo raises Rs 20 cr debt from Alteria Capital | Shweta Sharma 29 Aug, 2019
Hyperlocal logistics app Dunzo has raised Rs 20 crore debt from existing investor Alteria Capital.
Bengaluru-based Dunzo Digital, the company that runs the app, has allotted 2,000 Series E non-convertible debentur... |
| - | Exclusive: Dunzo Adds INR 60 Cr To Its Series E Kitty From A Clutch Of Investors | Bengaluru-based delivery startup Dunzo has raised INR 60 Cr funding from 10 investors as part of its ongoing Series E round. Prior to this, the company had bagged INR 217.3 Cr ($28 Mn) in September 2020 from existing investors including Goo... |
| - | It’s Official! Reliance Retail Leads $240 Mn Funding In Dunzo | Bengaluru-based hyperlocal delivery startup Dunzo has raised $240 Mn in a fresh round of investment led by Reliance Retail Ventures Limited. The Mukesh Ambani-led Reliance Retail has picked up a 25.8% stake on a fully diluted basis in Dunzo... |
| - | Hyperlocal Delivery Startup Dunzo Raises INR 34 Cr To Fend Off Swiggy Challenge | Hyperlocal delivery platform Dunzo has raised INR 34.56 Cr funding by issuing debentures as well as Series C1 preference shares to existing investor Alteria Capital.
The Bengaluru-based startup has been taking funds from everywhere to susta... |
