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Dunzo

Reliance Retail buys 25.8% of Dunzo. Valuations apart, makes ‘immediate’ business sense.

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries is investing $200 mn (approx Rs 1,500 crore) into Dunzo, a hyperlocal delivery new age business. Key points to note – $200 mn is part of the $240 mn round, wherein balance $40 mn is contributed by Dunzo’s existing investors including Lightbox, Lightrock, 3L Capital … Read more

Disclaimer: Nothing on this website should be considered as an advice to invest. The sole purpose of everything written here is information/ knowledge sharing. Reader is requested to do his independent research and/ or take professional services from SEBI registered advisors for any investment related decision.

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