Select deals from last week:
🇮🇳 Dunzo, a Bengaluru-based 24x7 delivery app, raised $240 million at $775 million valuation. The company offers delivery from grocery stores, restaurants, pet supplies and medicines. It also lets users move items such as laptops and chargers around the city. Dunzo has ambitions to become a leadering quick commerce service in the country, competing head-to-head with the likes of Zepto that raised $100 million last week.
🇬🇧 Gousto, a London-based meal kit delivery company, raised €133 million at €1.5 billion valuation. The deal includes €88 million in equity from SoftBank and €44 million of debt from Barclays and HSBC. With the new funding, Gousto will build its automated fulfillment facility to increase capacity by 40%. As we've written before, there have been winners and losers among meal kit delivery startups. Gousto seems to be in the former category.
Other notable foodtech deals from around the globe:
🇮🇳 Flipkart Wholesale, a B2B marketplace subsidiary of Flipkart, received $233 million from its parent company. Launched in 2020, Flipkart Wholesale offers products grocery, fashion and other merchandise to 1.5 million customers across India.
🇮🇱 Remilk, an Israeli plant-based diary company, raised $120 million in Series B funding. Have a look at the complete alternative protein landscape, including 200+ plant-based diary and eggs startups.
🇮🇳 ID Fresh Food, a Bengaluru-based meal kit delivery service, raised $68 million Series D at $242 million valuation.
Read up on all the latest foodtech deals in Dealroom.co