India: Tata Digital in talks to buy stake in hyperlocal delivery firm Dunzo

India: Tata Digital in talks to buy stake in hyperlocal delivery firm Dunzo

Tata Digital, a unit of Tata Sons Ltd, has begun talks to buy close to a controlling stake in hyperlocal delivery startup Dunzo, said three people aware of the matter.

The potential deal may value the six-year-old company at $150-200 million ( 1,093-1,457 crore), these people said on condition of anonymity.

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