Reliance Retail has acquired 25.8% stake in Dunzo for USD $200M : Parimal Nathwani

Parimal Nathwani, Director-Corporate Affairs, RIL :

Reliance Retail has acquired 25.8% stake in Dunzo for USD $200M.

This will further Dunzo’s expansion, especially in B2B vertical & strengthen hyperlocal logistics for stores operated by Reliance.

Dunzo will also facilitate last mile deliveries for Jio Mart’s merchant network.

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