Reliance Retail led a funding round of $240 million for Dunzo, with Reliance itself injecting $200 million for a 25.8% stake ...

Reliance Industries has taken a complete write-off of its ₹1,645 crore ($200 million) stake in Dunzo — one of its most ...

Reliance had entered the quick commerce market by leading a USD 240 million funding round in Dunzo in January 2022. It ...

Since its inception, Dunzo has raised about $470 million from investors. But over the past two years, the startup found ...

The Mukesh Ambani-led group said that its investment in Dunzo, measured at cost, is now worth nothing and that the latter has ...

Retail giant Reliance Retail has officially written off its entire investment in defunct hyperlocal delivery startup Dunzo.

Reliance joined Dunzo back in January 2022 afterleading $240 million funding round. The retail arm of Reliance conglomerate ...

Dunzo reported a 1.7 billion rupee ($23.5 million) loss in the last fiscal year. But operations in some cities are already “profitable or on the way to profitability,” it says.

Dunzo reported a 1.7 billion rupee ($23.5 million) loss in the last fiscal year. But operations in some cities are already “profitable or on the way to profitability,” it says.

Dunzo put forward a merchant-first strategy and focused on onboarding small merchants 18 months back, but COVID-19 accelerated the effort to help kiranas compete in the digital marketplace ...

Dunzo reported a 1.7 billion rupee ($23.5 million) loss in the last fiscal year. But operations in some cities are already “profitable or on the way to profitability,” it says.