JioMart Express
Acquisitions
1
Major Deals Covered
$200M
Disclosed Deal Value
JioMart Express's largest disclosed acquisition here is Dunzo (25.8% minority stake) for $200M in 2022. This page covers 1 major deal, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Dunzo (25.8% minority stake) | 2022 | $200.0M | Strengthen hyperlocal and fast delivery capabilities alongside JioMart. |
2022
$200M
Strengthen hyperlocal and fast delivery capabilities alongside JioMart.
Dunzo scaled down from 2023 and later collapsed.
Reliance Retail wrote off its roughly Rs 1,645 crore investment in 2025.
Reliance did not grow JioMart Express beyond its pilot. It closed the app in February 2023 and later built quick commerce into the main JioMart app instead. That rebuilt network reached 1.6 million average daily orders by January 2026, and average daily orders grew 116% year on year in the June 2026 quarter.
JioMart Express sold groceries and daily essentials to consumers (B2C). Orders were picked from nearby Reliance retail stores rather than a central warehouse and delivered within a promised window of about 90 minutes. Revenue came from the retail margin on goods sold plus delivery fees. Reliance never disclosed separate revenue for the service. Today the same model runs inside JioMart, which fulfils hyperlocal orders from Reliance's 20,000+ stores and dark stores.
No. It bought a 25.8% minority stake for about $200 million in January 2022.
Dunzo collapsed, and Reliance Retail wrote off its roughly Rs 1,645 crore investment in 2025.
Compare corporate acquisition records, deal values, and strategic targets
Explore JioMart Express
Core profile pages, founders and related research hubs for this company.