Dunzo CEO Kabeer Biswas on RIL deal: Got long-term partner to build quick-commerce category in India

Reliance Retail has led a $240 million funding round in quick commerce firm Dunzo, according to a statement by the company. Reliance Retail said with an investment of $200 million it will own 25.8% stake in the Bengaluru-based startup. Dunzo Co-founder & CEO Kabeer Biswas has said that we have got long-term partner to build quick-commerce category in India. CEO Kabeer Biswas talks to ET NOW’s Nayantara Rai to discuss the Reliance Retail-Dunzo deal. Watch.