Instead of getting into the express delivery race, #Dunzo said it would rather be empathetic towards its delivery partners and stick to a 19-20 minute deadline. Read more.

https://www.moneycontrol.com/news/business/startup/we-are-empathetic-towards-delivery-partners-will-only-play-in-19-20-min-timeline-even-if-we-seem-slower-to-people-dunzos-kabeer-biswas-7393261.html?utm_source=telegram&utm_medium=social

#Breaking | Reliance Retail leads $240 million round in Dunzo amid rapid delivery frenzy

Sriram Mani reports at
https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html

#Dunzo #RelianceIndustries #RelianceRetail

Reliance Retail has acquired a 25.8% stake in Bengaluru-based Dunzo, valuing the company at about $800 million.

Sriram Mani reports at
https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html

#Dunzo #RelianceIndustries #startup #OnlineGroveryDelivery

Speaking on the investment, Isha Ambani, Director, Reliance Retail Ventures Limited, said.

Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html

#Dunzo #Reliance #RelianceIndustries #RelianceRetail

About the #Funding by #Reliance, Kabeer Biswas, CEO and Co-Founder, Dunzo said.

Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html

#Dunzo #Reliance #RelianceIndustries #relianceretail

In addition to the funding, Dunzo & #RelianceRetail will also enter into certain business partnerships.
Kabeer Biswas, CEO and Co-Founder, Dunzo said.

Read the complete story at https://www.moneycontrol.com/news/business/startup/reliance-retail-leads-240-million-round-in-dunzo-amid-rapid-delivery-frenzy-7907551.html

#Dunzo #Reliance #RelianceIndustries

#RelianceRetail acquired a 25.8% stake in Dunzo, valuing it at about $800 mn.

Catch #Dunzo cofounder Kabeer Biswas on why he went with #Reliance, why India will opt for slower but free deliveries, & more.

https://www.moneycontrol.com/news/business/startup/i-dont-care-dunzo-cofounder-kabeer-biswas-on-startup-not-attaining-unicorndom-through-latest-funding-led-by-reliance-7909031.html?utm_source=telegram&utm_medium=social

#Dunzo's top selling products were roses and chocolates, which received a lot of last-minute orders. In keeping with Valentine's Week, the company sold 100 percent of all the roses they had procured.

Here's what else was bought ahead of Valentines Day 🔻
bit.ly/3RX4Z41