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SUMMARY
The conglomerate’s 78,923 equity shares of Dunzo, internally pegged at INR 1,645 Cr in FY24, were valued at nil in FY25
The write-off comes three years after Reliance led a $240 Mn round in Dunzo in January 2022
Reliance Jio also said that its “actively researching and developing” 6G technology to augment its existing terrestrial networks
Retail giant Reliance Retail has officially written off its entire investment in defunct hyperlocal delivery startup Dunzo
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