Google has picked up a significant minority stake in hyper-local concierge and delivery player Dunzo, its first direct investment in an Indian startup..Google led a $12-million investment in the Bengaluru-based startup which also saw participation of early backers Aspada Investments and Blume Ventures, reported ET..AZB & Partners acted for Google and the team was led by Partner Chetan Nagendra along with Senior Associates Malaveeka Chakravarthy and Amar Keralikar..Geetanjali Swamy of NDS Law Partners advised Dunzo..Tatva Legal Bangalore acted for the existing investor Aspada. The team included Partner Manav Nagaraj, KS Bhargava and Junaid Ahmed..Image taken from here.
Google has picked up a significant minority stake in hyper-local concierge and delivery player Dunzo, its first direct investment in an Indian startup..Google led a $12-million investment in the Bengaluru-based startup which also saw participation of early backers Aspada Investments and Blume Ventures, reported ET..AZB & Partners acted for Google and the team was led by Partner Chetan Nagendra along with Senior Associates Malaveeka Chakravarthy and Amar Keralikar..Geetanjali Swamy of NDS Law Partners advised Dunzo..Tatva Legal Bangalore acted for the existing investor Aspada. The team included Partner Manav Nagaraj, KS Bhargava and Junaid Ahmed..Image taken from here.
