Reliance Officially Writes Off $200 Million Investment in Dunzo — Quick Commerce Giant Collapses!
In a stunning blow to India’s startup ecosystem, Reliance Industries has officially written off its entire Rs 1,645 crore ($200 million) investment in Dunzo, the once-promising quick commerce platform.
Reliance Retail Ventures, which had acquired a 25.8% stake in early 2022, has now accepted a…
