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

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Reliance Retail has written off its entire investment of Rs 1,645 crore in hyperlocal delivery platform Dunzo, as disclosed ...

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

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 ...

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

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

Reliance Industries wrote off its investment in Dunzo after the hyperlocal delivery platform struggled in the competitive ...

Despite raising over $450 million, Dunzo faced severe financial trouble, with repeated layoffs, unpaid salaries, and scaled-down operations.