Dunzo, which counts Alphabet Inc's Google and Lightrock among its backers, will use the funds to expand to 15 cities from its current seven-city operation.
In a setback to the Mukesh Ambani-owned Reliance Industries, the Delhi High Court on Tuesday rejected an appeal by Future Group companies seeking a direction to a Singapore-based tribunal in a row with Amazon.
Jio-bp will also set up a network of electric vehicle (EV) charging stations and battery swap stations, at its mobility stations and other standalone locations - Mobility Points
The company s gross revenue rose 49 per cent at Rs 1.91 lakh crore. The rise in crude oil prices and better realisation helped the old-economy business whereas the retail segment benefitted from footfalls as stores reopened and recorded more footfalls. Telecom vertical Jio too recorded greater revenue.