WebJan 6, 2024 · Reliance Retail Ventures has led a $240mn fundraise in Dunzo, and bought a 25.8% stake. With this deal, big boy Reliance via Dunzo will be entering Indian retail’s newest battleground: quick commerce. Dunzo has been perfecting its instant 15-20 minute deliveries in Bengaluru, and is getting set to take it to another 10-15 cities beginning with … WebJan 6, 2024 · Reliance Industries Ltd's retail arm has invested $200 million for a 25.8% stake in Indian online delivery platform Dunzo to get a foothold into the rapidly growing market of superfast dispatch of ...
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WebJan 7, 2024 · Updated: 07 Jan 2024, 05:35 AM IST Meghna Sen. Dunzo delivery app. With the investment of $200 million, Reliance Retail will own 25.8% stake in the online delivery … WebJan 6, 2024 · 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 expand its …
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 ... WebJul 22, 2024 · Reliance pays ₹ 2,165 cr. for the new shares in JustDial, ₹ 1,332 cr. for what they buy from Mani, and ₹ 2,222 cr. for the open offer. In total, they’re paying ₹ 5719 cr. for 67% of JustDial, valuing it at ₹ 8,500 cr. Now JustDial will have around ₹ 3,700 cr. in cash, which means that net of cash, the business is valued at less ...
WebApr 11, 2024 · A year after, Reliance bought Campa Cola, the home-grown brand that lost its market share after Coca-Cola re-entered India in 1993. ... It’s also got stakes in Justdial and Dunzo and has invested Rs 9000 Cr for over 72 acquisitions and mergers in … WebReliance Retail is an Indian retail company and a subsidiary of Reliance Industries. ... Reliance Retail invested $200 million in Dunzo for 25.8% stake. In 2024, ... Addverb is a Noida-based robotics company in which Reliance …
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 in a statement. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also participated in the funding round. concrete masonry handbookWebJan 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 ... ect in pakistanWebJan 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 ... ect in ocdWebApr 6, 2024 · Dunzo was valued at $757 million as on May 2024, according to data research platform Tracxn. It had last raised $240 million in equity funding in January 2024 led by Reliance Retail. concrete masonry equivalent thicknessWebMay 15, 2024 · Photo: Bloomberg. India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. Reliance, run by Indian billionaire Mukesh Ambani, plans to build a portfolio ... concrete masonry institute of americaWebJan 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. ect in paWebJan 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 Reliance Industries. concrete masonry manual