Reliance Retail invests $200 mn in Dunzo to acquire 25.8% stake

Dunzo

Reliance Retail invests $200 mn in Dunzo to acquire 25.8% stake

  • Reliance Retail, the retail arm of Reliance Industries Limited, has acquired 25.8% stake in the online delivery platform Dunzo by investing $200 million (around Rs. 1,488 crore).
  • This funding will help the Bengaluru-based startup, Dunzo to become the largest quick commerce business in the country.

Points to Remember

  1. What percent of stake has been acquire by Reliance Retail in Dunzo?
  2. How much amount has been invested by Reliance Retail in Dunzo?
  3. Dunzo headquarter?

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