Reliance Retail picks 25.8% stake in Dunzo for $200 million3 min read . Updated: 07 Jan 2022, 05:35 AM IST
- With the investment of $200 million, Reliance Retail will own 25.8% stake in the online delivery platform on a fully diluted basis
Reliance Industries Ltd's retail arm has invested $200 million (around ₹1,488 crore) in Bengaluru-headquartered Dunzo as it looks to get a foothold in the country's rapidly growing market of quick delivery.
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