Reliance Retail buys stake in hyperlocal delivery company Dunzo for $200m
Reliance Retail Ventures, the retailing arm of Reliance Industries, has acquired a stake of 25.8% in Bengaluru-based hyperlocal delivery company Dunzo for $200 million. Dunzo is engaged in providing instant delivery of essentials sourced from a network of micro warehouses. Its services are currently available across seven Indian cities. Reliance Retail Ventures will avail Dunzo’s […]