AZB, CAM: Reliance $200 million investment in Dunzo
AZB, CAM: Reliance $200 million investment in Dunzo An investment of $200 million by Reliance Retail led to a 25.8percent stake in Dunzo on a fully diluted basis. Duenzo, a hyperlocal delivery startup, has raised $240 million (around Rs 1800 crore) in a funding round led by Reliance Retail Ventures with involvement from prevailing investors Lightbox, Lightrock, 3L Capital, and...
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AZB, CAM: Reliance $200 million investment in Dunzo
An investment of $200 million by Reliance Retail led to a 25.8percent stake in Dunzo on a fully diluted basis.
Duenzo, a hyperlocal delivery startup, has raised $240 million (around Rs 1800 crore) in a funding round led by Reliance Retail Ventures with involvement from prevailing investors Lightbox, Lightrock, 3L Capital, and Alteria Capital.
An investment of $200 million by Reliance Retail led to a 25.8percent stake in Dunzo on a fully diluted basis.
Cyril Amarchand Mangaldas acted as Dunzo's legal counsel and partner Karan Pahwa led the project team.
Partner Ashwath Rau and Partner Jasmin Karkhanis led the AZB & Partners team that advised Reliance Retail.
As part of the team led by Manav Nagaraj with Senior Associate Smita Rakshale, Shardul Amarchand Mangaldas advised Light Rock.
