Entreprenuernewsnetwork

RIL to invest $80 bn In Gujarat Green Energy

January 14, 2022 by Entreprenuernewsnetwork

As part of the investment promotion activities for the Vibrant Gujarat Summit 2022, Reliance Industries Limited (RIL) inked an MoU with the Gujarat government for a total investment of Rs 5.955 lakh crore ($80 billion). These initiatives will generate a total of 10 lakh direct and indirect jobs in the state. As part of the … Read more

Dunzo secures $240 mn funding led by Reliance Retail

January 7, 2022 by Entreprenuernewsnetwork

Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis. This … Read more