Reliance Retail leads $240 Mn round in Dunzo
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Quick commerce player Dunzo has raised $240 million in a new funding round led by Reliance Retail Ventures Limited. The round also saw participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. Dunzo was reportedly in talks with Reliance for the past three-four months for a potential deal. Several media reports also suggested that the company was in talks with Tata Group, Swiggy and Zomato for a new round.