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Dunzo posts ₹169 cr loss, ₹76 lakh operating income in FY19
short by Dharna / on Sunday, 3 November, 2019
Bengaluru-based hyperlocal delivery startup Dunzo has posted a loss of ₹169 crore in 2018-19, a 671% increase from ₹21.9 crore loss in the previous financial year. In contrast, it earned total revenues of ₹3.5 crore during the period, of which ₹76 lakh was "revenue from operations". Founded in 2015, Dunzo recently raised $45-million funding from Lightbox Ventures, Google and others.
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