Reliance bought dunzo
WebJan 6, 2024 · With an investment of $200 million, Reliance Retail will own 25.8 per cent stake on a fully diluted basis. According to an exchange filing by the Reliance Industries Limited, the capital will be ... WebReliance Retail on Thursday said that it has led a $240 million investment round in on-demand delivery startup Dunzo, acquiring a 25.8% stake in the Bengaluru-based #startup.The investment values ...
Reliance bought dunzo
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WebApr 6, 2024 · What’s driving the news: Reliance Retail –the single largest investor in Dunzo with nearly 26% stake–and Google have wired about $50 million of capital in the Bengaluru firm as part of a $75 million financing through convertible notes. Rest of the money is likely to come from other existing investors. We told you first on January 6 about this round … WebJan 6, 2024 · Dunzo has raised USD 240 million (about Rs 1,787 crore) in its latest funding round that was led by Reliance Retail Ventures Ltd(RRVL) - the retail arm of Reliance Industries, the two firms said in a statement. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also participated in the funding round.
WebJan 7, 2024 · By India Today Web Desk: Reliance Retail Ventures Limited (RRVL) has invested $200 million in Dunzo, a leading player in the quick commerce category.With the … WebJul 28, 2024 · Reliance Brands, a subsidiary of Reliance Industries (RIL), has acquired a 15% stake in lingerie retailer Zivame and is reportedly in talks to buy a 100% stake in the startup, The Economic Times reported. The 15% stake Reliance Brands bought in Zivame belonged to Ronnie Screwvala-owned Unilazer Ventures. Reliance Brands could reportedly pay …
WebJan 6, 2024 · 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 has raised USD 240 million (about Rs 1,787 crore) in its latest funding round that was led by Reliance Retail Ventures Ltd ... WebJan 6, 2024 · Dunzo has raised USD 240 million (about Rs 1,787 crore) in its latest funding round that was led by Reliance Retail Ventures Ltd(RRVL) – the retail arm of Reliance Industries, the two firms said ...
WebJan 6, 2024 · Reliance Retail has bought a 25.8 percent stake in Dunzo, leading quick commerce player, for $200 million as it looks to expand its presence in the online grocery delivery business. Dunzo raised $240 million in its latest round led by Reliance Retail, existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.
WebJan 7, 2024 · Of the total capital, Reliance Retail pumped USD 200 million into Dunzo for a 25.8% stake, becoming its largest shareholder. As per a report by local media Economic Times (ET), the deal has pushed Dunzo’s valuation to USD 775 million, up from USD 300 million. Dunzo is one of the key players in the country’s soon-to-be USD 5 billion quick ... penn state book store on campusWebJan 6, 2024 · The two firms said in a statement that Dunzo raised USD 240 million in its latest funding round that was led by Reliance Retail Ventures Ltd - the retail arm of … penn state booster shotsWebDunzo has raised a total of $382.6M in funding over 18 rounds. Their latest funding was raised on Nov 30, 2024 from a Debt Financing round. Dunzo is funded by 35 investors. BlackSoil and Reliance Retail are the most recent investors. penn state bookstore phone numberWebMar 31, 2024 · 3:57 PM PDT • March 30, 2024. Electric vehicle startup Canoo has agreed to a $1.5 million settlement with the U.S. Securities and Exchange Commission, according to a … penn state bookstore university park campusWebJan 6, 2024 · Dunzo raised USD 240 million in its latest funding round that was led by Reliance Retail Ventures Ltd – the retail arm of Reliance Industries, the two firms said in a statement. Recommended for you 1 France’s Sanofi … penn state bourbon glassWebJan 6, 2024 · 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 … penn state boucke buildingWebMar 22, 2024 · Reliance Retail bought a 96% stake in Urban Ladder for over INR 182 crore in November 2024. ... Dunzo is a popular delivery service platform from Bangalore. Founded in July 2014 by Kabeer Biswas, Ankur Agarwal, Dalvir Suri, Mukund Jha, Dunzo is 24x7 operating app that operates in 8+ Indian cities. toasty boys