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387 Reliance Industries invests US$240 million for 26% stake in India’s online food delivery platform Dunzo

AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 2 place · 01/07/2022 09:05 EDT

Reliance Industries invests US$240 million for 26% stake in India’s online food delivery platform Dunzo

The retail arm of Reliance Industries Ltd. has invested US$240 million for a 25.8% stake in India’s online food delivery platform Dunzo to get a foothold into the rapidly emerging market of superfast dispatch of household products. The onset of the COVID-19 pandemic has led to a boom in demand for services like Dunzo and ...

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