Reliance had entered the quick commerce market by leading a USD 240 million funding round in Dunzo in January 2022. It ...

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

Since its inception, Dunzo has raised about $470 million from investors. But over the past two years, the startup found ...

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

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

The Mukesh Ambani-led group said that its investment in Dunzo, measured at cost, is now worth nothing and that the latter has ...

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

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

Happy Friday! Growth in Indias electronics exports faces tariff threats from the US, its largest trade partner. This and more ...

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

During the week, 30 Indian startups raised a total of $205.31 million, including 6 growth-stage and 22 early-stage deals, ...