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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 ...
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NDTV Profit on MSNIt's Official: Reliance's Rs 1,645-Crore Stake In Dunzo Is Now Worth Nothing
The Mukesh Ambani-led group said that its investment in Dunzo, measured at cost, is now worth nothing and that the latter has ...
Reliance Retail has written off its entire investment of Rs 1,645 crore in hyperlocal delivery platform Dunzo, as disclosed ...
Dunzo, backed by Google and billionaire Mukesh Ambani's Reliance Industries, is reportedly cutting staff again after multiple layoff rounds earlier this year. The online delivery platform has been ...
Dunzo's dark stores in Indiranagar, Richmond Town, and HSR Layout temporarily stopped servicing customers on Wednesday, taking the total number of stores currently offline in Bengaluru to five.
Hyperlocal delivery startup Dunzo has raised $240 million (around Rs 1800 crore) in a funding round led by Reliance Retail Ventures Ltd., with participation from existing investors Lightbox, Lightrock ...
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.
Retail giant Reliance Retail has officially written off its entire investment in defunct hyperlocal delivery startup Dunzo.
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