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Resurfaced report,first published
Reliance writes off ₹1,645 crore Dunzo stake after quick-commerce platform shutdown
Reliance Industries wrote off Reliance Retail Ventures’ entire ₹1,645 crore investment in Dunzo after the quick-commerce platform shut its app and website, faced layoffs, unpaid salaries and creditor action, and failed to secure a buyer.
Reported figures
From the report. Source details below
| approximately | $200 million |
|---|---|
| more than | $450 million raised |
| more than | $775 million valuation |
Other figures
- 25.8% stake
- January 2022
- FY25
- ₹300 crore valuation
The source
Published
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