Dunzo funding

Quick commerce startup Dunzo has seen its scale of operations fall to almost one-fifth of the peak it hit last year as it continues to grapple with cash flow issues and scouts for a lifeline, multiple people aware of the matter said.The…

Reliance Retail-backed Dunzo is in talks to raise up to $100 million (Rs 825 crore) through convertible notes, people aware of the matter said, joining a growing list of startups which have tapped alternate funding routes to preserve their…

Over the past six months, convertible notes have emerged as a lifeline for many highly valued, growth-stage startups which were unsuccessful in raising funds through the traditional equity route. Today, we are reporting that Reliance-backed…

dunzo: Dunzo CEO Kabeer Biswas on RIL deal: Got long-term partner to build quick-commerce category in India - The Economic Times Video | ET NowBusiness News›Tech›Startups›Dunzo CEO Kabeer Biswas on RIL deal: Got long-term partner to build…

NEW DELHI: 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 presence in online grocery delivery business. Dunzo has raised…

Bengaluru: Reliance Retail has led a $240 million funding round in quick commerce firm Dunzo, according to a statement by the company. Reliance Retail said with an investment of $200 million it will own 25.8% stake in the Bengaluru-based…