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Reliance Retail Backs Dunzo In $240 Million Funding

Jan 06, 2022over 3 years ago

Amount Raised

$240 Million

Media And EntertainmentSales And MarketingSoftwareCommerce And Shopping

Description

Reliance Retail has led a $240 million funding round in Google-backed hyperlocal delivery startup Dunzo as the largest Indian retail chain aggressively expands its offerings.

Company Information

Company

Dunzo

About

Dunzo is the pioneer of Quick commerce in India and we want to support them in furthering their ambitions of becoming a prominent local commerce enabler in the country,” said Isha Ambani, Director of Reliance Retail Ventures Limited, in a statement.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech