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INVESTMENT IN 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...
ETtech Deals Digest: Startups raise $66 million this week, down 33% on-yearStartup funding saw a 33% year-on-year decline, with $66 million raised in the week to February 24, though this was a 43.8% increase from t...
IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
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.
Kabeer Biswas’s concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, CredKabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV P...
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 demise: How the Reliance-backed hyperlocal delivery startup unravelledDunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Bi...
Dunzo cofounder Kabeer Biswas to head Flipkart quick commerce business MinutesKabeer Biswas is leaving cash-strapped Dunzo, backed by Reliance Retail, after more than a year of grappling with funding issues. Biswas wi...
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...
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...
How PhonePe's plan to invest in Dunzo hit a roadblock; Slice seeks fresh fundsPhonePe was interested in acquiring the merchant network and quickly tapped into it for Pincode. It has been spending on customer acquisiti...
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.
Markdown detour slows fresh funds delivery to DunzoReliance Retail, the largest investor with 26% stake in Dunzo, is averse to the idea of slashing the valuation of the startup by nearly 50%...
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...
Dunzo-Tata talks stuck on deal termsDunzo is in active discussions with Tata Group-owned BigBasket to power the e-grocer's express delivery service
Dunzo gets $45 million to fight Swiggy, AmazonAfter the fund-raise, the company has been valued at $180-200 million. Google, which made its first direct investment in Dunzo in 2018, has...
Dunzo is in talks to raise Rs 183 crore from Google, othersThe funding round is expected to value the three-year-old startup at about $100 million, three times the valuation Dunzo garnered when it p...
Google makes first direct investment in India, funds hyper local startup DunzoIf it expands nationally, it may cater to up to 10 million customers who might need its services six to seven times a month.
Unlike peers, Dunzo is still up and runningDunzo, initially launched on WhatsApp in 2015, handles 4,500-5,000 tasks a day and expects to become profitable in Bengaluru as early as ne...