Dunzo, a Bengaluru-based on-demand delivery startup has launched a new B2B logistics service called ‘Checkout with Dunzo.’ The service is for retailers and small business owners. The company claimed that the service will open up the possibility to tie-up with any store which has an online presence through its website or app.
Checkout with Dunzo’ is similar to a payment option, letting users opt for faster delivery through a Dunzo partner, at the time of checkout.
Powered by Dunzo’s technology, to facilitate its e-commerce transactions, this feature is being piloted with the confectionary chain, CakeZone in Bengaluru and will soon expand to other retailers and locations.
Dunzo was founded in 2015 by Ankur Aggarwal, Dalvir Suri, Mukund Jha, and Kabeer Biswas. It is an AI-driven chat-based hyperlocal services app which enables users to create to-do lists and collaborate with partners (vendors) to get them done.
“Checkout with Dunzo is a considerable step in that direction enabling faster deliveries for users, building a more efficient and democratic omnichannel business for merchants and creating more flexible earning opportunities for partners,” said Kabeer Biswas, CEO and cofounder of Dunzo.
Till date, the company has raised $30.3 million funding, with latest investments coming in from Deep Kalra, Google and Blume Ventures.
In the last 18 months, Dunzo claims to have grown 30x and is expecting to do upwards of 2 million orders per month by June 2019.
It claims that Dunzo has a repeat user rate of 80% and a transaction frequency of 5 orders per month per user. The company aims to get micro-market profitable at an order level in the next quarter.