Dunzo, which is a Bangalore based task management startup run by Dunzo Digital Pvt. Ltd is in advanced stages of discussions to close a $15-20 million.
The round will see the arrival of a new strategic investor who will invest, along with Dunzo’s existing backer Google, which is expected to pump in money on a pro-rata basis, business daily Mint reported, citing unidentified people in the know.
Dunzo last month raised Rs 22.5 crore in its Series C funding round from early-stage venture capital firm Blume Ventures and others. The following also put in money: Lakshmi Narayanan, co-founder and former chief executive of software services company Cognizant; Monika Garware Modi of polyester filmmaker Garware Polyester Ltd; and Raintree, which is the family office of stationery player Camlin Group.
The startup offers its services through a mobile app, which is available on both Android and iOS platforms. Dunzo is currently operational in Bengaluru, Delhi, Gurugram, Pune, Chennai and Hyderabad.