The Downfall of Dunzo? Ambani and Google-Backed Startup!
Trade Brains
SEPTEMBER 14, 2023
The connection between Ambani and Dunzo began last year when Reliance Retail invested $200 million to acquire a little over 25% ownership in the Bengaluru-based startup. 165 crore, more from Reliance Retail after it fell short of its target to raise $75 million by offering convertible notes. Reliance Retail owns a 25.8%
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