Web1 day ago · Blinkit competes with other big delivery firms, including top retailer Reliance-backed Dunzo, Tata's BigBasket and SoftBank-backed Swiggy in India's fast-growing grocery market. Zomato's other food delivery services continued normally. (Reporting by Arpan Chaturvedi and Tanvi Mehta; Editing by Aditya Kalra and Barbara Lewis) WebJan 6, 2024 · Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for $200 million (around Rs 1,488 crore) as it looks to expand its …
Reliance Retail Buys 25.8% Stake In Dunzo - Outlook
WebQuick-commerce startup Dunzo has raised $240 million in a funding round led by Reliance Retail Ventures Ltd (RRVL), according to a statement released by the two companies. The retail arm of Reliance Industries Ltd, India’s largest conglomerate, pumped $200 million in the on-demand delivery startup, picking up a 25.8% stake in the Bengaluru-based company … WebApr 6, 2024 · Indian online delivery platform Dunzo has secured funding of $75 million (roughly Rs. 614 crores) through convertible notes and is laying off about 30 percent of its … garding wertstoffhof
Reliance investment in Dunzo signifies rise and importance of q ...
WebMar 31, 2024 · According to TechCrunch, Dunzo, a hyperlocal delivery startup, is currently in advanced talks to secure a new financing round of around $50 million, with participation from existing investors such as Reliance Retail and Google. Dunzo, the hyperlocal delivery startup, has recently laid off 3% of its workforce after raising Rs 50 crore in debt from … WebJan 7, 2024 · With an investment of $200 million, Reliance Retail will own 25.8 percent stake on a fully diluted basis. In addition to the funding, Dunzo and Reliance Retail will also … Web#startupstories #part4 #Dunzo, an Indian hyperlocal delivery startup, has secured $75 million in convertible notes from its existing investors. This funding… garding\u0027s inequality