Hyperlocal services provider Dunzo raised $11 million from Alteria Capital

Bengaluru-based hyperlocal services provider Dunzo has raised $11 million in debt funding from Alteria Capital & now looking to scale up its operations in profitable locations.

Dunzo provides hyperlocal delivery services, it connects users with vendors to facilitate the delivery of products,it also fulfils door-to-door courier services & on-demand deliveries of non-essential items as well.

It also has an AI-driven chat which helps users to create a list of products which they want to buy and then connects them to nearby vendors. Dunzo works being towards the errand-guy for millennials.