Articles tagged under: Dunzo

Dunzo raises US$ 240 M in a round led by Reliance Retail

January 06, 2022
Dunzo raises US$ 240 M in a round led by Reliance Retail

Mumbai: Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This round is a reinstatement of confidence of existing and new investors in Dunzo’s potential and success in creatin...Read More