Reliance-backed Dunzo looks to raise $50 million

  • Reliance Retail and Google,¬†two existing backers of Dunzo, are among those who are holding discussions to invest in the new round. The funding deliberations are currently moving ahead largely with existing backers.
  • The startup has been in the market to raise capital for several months and was looking to raise at least $70 million and as much as $150 million.

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