pharmaceuticals Archives - BW Retail World

Reliance Retail In Talks To Raise $1.5 Bn From Sovereign Wealth Funds

Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]

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Dunzo4Business To Expand Operations To 10-15 Cities In Next 12-18 Months

by BW Retail World Bureau
June 26, 2023

Reliance Retail-backed Dunzo’s logistics arm, Dunzo4Business (D4B), has announced plans to expand its operations to 10-15 cities within the next 12-18 months. Dalvir Suri, co-founder of Dunzo and head of D4B, stated that the company is collaborating with the Open Network for Digital Commerce (ONDC), a government-supported initiative, to facilitate intracity last-mile delivery of products. […]