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Dunzo to raise $150-200 mn, existing investors not taking part: Report
short by Bhawana Chaudhary / on Friday, 18 November, 2022
Hyperlocal delivery startup Dunzo is planning to raise $150-200 million from Middle East-based sovereign wealth funds at a valuation unchanged from its previous funding round, The Financial Express reported. The report added that Dunzo's largest shareholders, Reliance Retail and Google, are unlikely to participate in the round. Abu Dhabi Investment Authority (ADIA) is expected to lead the round.
read more at Financial Express