Dunzo Seeks Additional Funding From Reliance Retail Amid Fundraising Challenges
According to the reports, Dunzo, a cash-strapped startup, is seeking an additional Rs 164 crore (approximately USD 20 million) from Reliance Retail, it’s largest shareholder. This request comes after Dunzo fell short of its target of raising USD 75 million through the issuance of convertible notes. In April, Dunzo managed to raise only USD 45 […]