Hyperlocal delivery startup Dusminute raises Rs.11.5 Cr from IPV, others

Bengaluru-based hyperlocal grocery delivery startup Dusminute has secured INR 11.5 crore in a bridge round of funding from Inflection Point Ventures. The round also saw participation from existing investors and other angels. Dusminute aims to provide a timely solution for daily essentials and groceries, tailored to the needs of gated communities. The funds will initially be used to fuel expansion plans in Bengaluru. It later plans to expand operations to the top 7-8 cities.