Reliance Retail officially wrote down its ₹1,645-crore investment in hyperlocal delivery firm Dunzo, which recently ceased its operations. Reliance Retail held a 26% stake in Dunzo after leading $240 million funding round in January 2022. Dunzo shut operations in January 2025 after its app and website went offline as the last of its remaining Co-founders, Kabeer Biswas, left the firm.