Zomato, food delivery and restaurant discovery company, is in advance talks to acquire Dunzo Digital Pvt Ltd, the Bengaluru-based on-demand services provider.
The acquisition of Dunzo will help Zomato to gain an edge in expanding its delivery services from food to other products.
The development comes after Zomato’s rival Swiggy has launched a new hyperlocal service that would deliver grocery and other essential products. With this launch, Swiggy has expanded its services from food to on-demand product delivery.
Launched in 2015, Dunzo counts tech giant Google and Blume Ventures, an early-stage venture capital firm, among its investors. The company was founded by Kabeer Biswas, Mukund Jha, Ankur Aggarwal and Dalvir Suri. It delivers products from local stores and has also been running bike taxi services in Gurugram.
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