InvestorQ : Why has Reliance Retail taken a stake in Dunzo?
Tisha Malhotra made post

Why has Reliance Retail taken a stake in Dunzo?

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Aashna Tripathi answered.
4 months ago
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Reliance Retail, the retail arm of Reliance group, bought a stake in Dunzo, a company that specializes in last-mile delivery. Now, Dunzo has been valued at around $800 million with Reliance Retail getting 25.8% stake for infusing $200 million into the company. These fresh funds from Reliance Retail will help Dunzo to expand their B2B business as well as to sign up business partnerships.

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