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Hyperlocal Services Startup Dusminute Raises Rs 11.5 Cr in Funding

July 20, 2023 by Entreprenuernewsnetwork

L-R_Apoorva Mishra- CEO_Ankita Asai- CPO__Nikhil Gupta- COO, Dusminute

Dusminute, a hyperlocal grocery-store and managed services startup, has successfully raised Rs 11.5 Crores in a bridge round led by Inflection Point Ventures. The funds will be utilized to fuel Dusminute’s expansion in Bangalore. This funding round also saw participation from multiple existing investors and industry veteran angel investors syndicated by Bandana Kankani, an angel … Read more

Swiggy looking to invest $700M in Instamart

December 2, 2021 by Entreprenuernewsnetwork

Swiggy, a Bengaluru-based foodtech startup, has announced that it will invest $700 million in its Instamart quick grocery delivery service. Instamart, which began operations in Gurugram and Bengaluru in August 2020, now operates in 18 cities and processes over 1 million orders per week. Swiggy Instamart has added more than one seller-run dark store every … Read more