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RELIANCE BACKED DUNZO
ETtech Infographic: Reliance’s startup roll-up: hits & missesReliance Industries has expanded its portfolio with two new beauty and personal care brands since early 2026. These acquisitions, part of a...- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- Reliance writes off its $200 million investment in DunzoReliance Industries wrote off its investment in Dunzo after the hyperlocal delivery platform struggled in the competitive quick commerce ma...
- Dunzo’s last standing cofounder Kabeer Biswas set to exit cash-strapped delivery startupThis follows nearly 12–18 tumultuous months for one of the early movers in the quick commerce business. The discussions come at a time when...
- Flipkart looking to buy Reliance-backed Dunzo: reportWhile talks are still ongoing, complexities surrounding Dunzo's ownership structure have impeded the two parties from coming to an understa...
- PhonePe explored investment in Dunzo’s merchant businessHowever, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.
- Dunzo’s survival hinges on Reliance Retail commitment to fundsAn impasse after several rounds of discussions has left Dunzo’s other investors increasingly sceptical of its chances of survival in the ab...
- ETtech Recap: Decoding Dunzo’s deepening crisis in five storiesHere’s a look at ETtech’s comprehensive coverage of the latest developments at the troubled Bengaluru-based company.
- Dunzo delays June-July salaries further, says making ‘positive progress’ on fundingEmployees have been promised that the salaries for August will be paid on time on September 4. “The balance salaries for June and July, alo...
- Cash-strapped Dunzo seeks a lifeline; defers salaries, plans more job cutsDunzo has decided to reduce costs by 30-40%, which will involve more job cuts, even as it further delays payment of salaries.
- Cash-strapped quick commerce startup Dunzo eyes $20 million more from Reliance RetailReliance Retail owns a 25.8% stake in Dunzo, while Google holds just under 20%. Reliance Retail’s shareholding is expected to increase in t...
- Reliance-backed Dunzo may cut more jobs; defers 50% of June salary amid cash crunchDunzo has already cut jobs twice this year. In April it fired 30% of its workforce, or more than 300 people, and simultaneously planned a s...
- Exclusive: Dunzo secures funding via convertible notes, lays off 30% of staffAbout $50 million of the funding is coming from Google and Reliance Retail while other existing investors are putting in the rest.
- Exclusive: Dunzo eyes $100 million via convertible notes amid tough equity funding marketReliance-backed co latest to tap alternative routes to secure funds. The round is in advanced stages of closure and could finally settle in...
- Reliance-backed Dunzo Daily’s Bengaluru operations hit as delivery staff protestDunzo Daily, the 20-minute delivery service, was still not available in many pockets of Bengaluru as of Thursday afternoon.
- Reliance-backed Dunzo is shifting gears as quick commerce hype settlesThe quick delivery startup is pushing users to opt for 60-min deliveries and grouping orders to cut delivery costs.
- Dunzo threatens to ban delivery workers if they strikeDelivery partners are important to us and we want to make sure we do right by them, clarifies Dunzo.
- Quick commerce deliveries grow 25% faster than other modesBlinkit, Swiggy Instamart, Reliance-backed Dunzo and Zepto are among the platforms leading the 10-20-minute delivery category, with micro w...
- $240 million delivered, Mukesh Ambani-led Reliance Retail picks up 25.8% stake in DunzoThe Reliance-Dunzo deal has more than doubled the valuation of the Bengaluru-based startup to $775 million. Dunzo is planning an IPO in the...
- RIL shares up 1% after Reliance Retail buys stake in DunzoPost this deal, Reliance Retail is now the largest shareholder in Dunzo.
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