"alteria-capital"

An estimated 12 million kirana stores in India control more than 95 per cent of the country's $500 billion food and grocery market.

With a gross merchandise value (GMV) growth of 2X over the past year, Dunzo is now about $100 million annualised GMV business, the statement said.

Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants a single interface for all UPI apps like Paytm, PhonePe, Google Pay, BHIM, Mobikwik, Freecharge and others