Dunzo co-founder Mukund Jha in talks to raise Rs 50-80 cr for new startup

Quick Summary:

In addition to the Together Fund, Jha had engaged with Y Combinator, although the current status of those talks remains unclear.

It is India’s first operator-led venture capital firm founded to empower India’s software-as-a-service (SaaS) entrepreneurs.

Meanwhile, Dunzo, which Jha co-founded and served from 2015 until 2023, continues to struggle with funding and operational challenges.

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Category: BusinessFinance

Markets: India

Topics: Fundraising Gen AI Dunzo Together Fund Raising capital Mukund Jha Dunzo Rs 50 crore SaaS Together Fund Rs 80 crore Quality assurances Mukund Jha Girish Mathrubootham Funding Gen AI Startups Gen AI startup Co-founder

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News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 17:28:28 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 327 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Standard

News ID: 21855860

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