BENGALURU -- India's Reliance Industries has invested $200 million for a 25.8% stake in domestic "quick-commerce" delivery startup Dunzo as the sprawling conglomerate led by Mukesh Ambani strengthens Jio Mart, its online grocery operation.
Google-backed startup raises $240m, highlighting rise of quick commerce
BENGALURU -- India's Reliance Industries has invested $200 million for a 25.8% stake in domestic "quick-commerce" delivery startup Dunzo as the sprawling conglomerate led by Mukesh Ambani strengthens Jio Mart, its online grocery operation.