Top headlines: RRVL picks up stake in Dunzo; setback for 'Vibrant Gujarat'

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BS Web Team New Delhi
Reliance Retail to invest $200 mn in delivery firm Dunzo for 25.8% stake

Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for USD 200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business.

Dunzo raised $240 million in its latest funding round that was led by Reliance Retail Ventures Ltd - the retail arm of Reliance Industries. Read more

First Published: Jan 06 2022 | 5:43 PM IST

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