Mukesh Ambani backed startup posts loss of Rs 1,800 crore, laying off more employees – DNA

Companies that have Mukesh Ambani as an investor, do fairly well. However a cash strapped startup backed by Isha Ambani led Reliance Retail has been in crisis for the past few months and now it has posted a loss of Rs 1,800 crore in FY23, a 288 per cent increase from the previous year.