August 8, 2025
Reliance Writes Off Dunzo Investment as Hyperlocal Delivery Startup Collapses
Reliance Industries has given up on its big bet in Dunzo! Despite pouring in $200 million, Dunzo’s fight in the quick commerce race ended with a huge write-off as cash burn soared and operations shrunk. Dunzo’s app went offline, top leaders quit, and tough competition sealed its fate.