Google has picked up a significant minority stake in hyper-local concierge and delivery player Dunzo, its first direct investment in an Indian startup underlining how the global search giant is quietly getting into an investment mode in the country. Google led a $12-million investment in the Bengaluru-based startup which also saw participation of early backers Aspada Investments and Blume Ventures. — The Economic Times

J Sagar Associates advised Google International LLC led by a team of partners Probir Roy Chowdhury and Vishnu Nair; senior associate Sherill Pal; and associates Kavya Katherine Thayil and Akshit Goyal.

Dunzo was advised by IndusLaw

NDS Law Partners also advised Dunzo. NDS Law Partners is based in Bangalore.

2018-11-19

Deal value: USD 12 million

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