Bengaluru-based Dunzo, which operates a hyperlocal delivery service in seven Indian cities, raises $240M led by Reliance Retail at a $775M valuation (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Bengaluru-based Dunzo, which operates a hyperlocal delivery service in seven Indian cities, raises $240M led by Reliance Retail at a $775M valuation  —  Reliance Retail has led a $240 million funding round in Google-backed hyperlocal delivery startup Dunzo as the largest Indian retail chain aggressively expands its offerings.