Runnr Gets a Fresh Lease of Life, Raises $7 Million From Nexus, Blume Ventures

Runnr, the food-ordering-cum-delivery entity which was formed two months ago, after the merger of Roadrunnr and TinyOwl, has raised around $7 million co-led by existing investors Nexus Venture Partners and Blume Venture Partners.

The company, which earlier this month, had announced its plan to raise around $10 million this year, will use the funds to expand its fleet of drivers and restaurant listings, as it gears up to compete with bigger competitors like Swiggy, Zomato Order and Foodpanda.