Dunzo takes convertible notes route for funding, in talks to raise $100 Mn
Shortpedia
Content Team
Image Credit: asia.nikkei
Hyperlocal delivery platform Dunzo is reportedly in talks to raise up to $100 Mn (INR 825 Cr) through convertible notes. The fresh capital will be used to expand its quick commerce service Dunzo Daily, ET reported. The discussions are in advanced stages and the round might close in the range of $70-$100 Mn, as per the report.
