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

Reliance Retail, the consumer arm of Reliance Industries, has officially written down its ₹1,645 crore investment in Dunzo, ...

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 ...

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 has been looking to raise a large funding round for several quarters. The company was eyeing as much as $150 million earlier and could only secure about $45 million in a recent funding round ...

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.

Indian online delivery platform Dunzo has secured funding of $75 million through convertible notes and is laying off about 30% of its staff as it plans a revamp of its business model, the Economic ...