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Dunzo, which delivers grocery and other items, has been delaying the salaries as it attempts to streamline its cash flow and aggressively hunts for new funding. The eight-year-old startup, which ...
Later in the day, Dunzo executives informed employees that they will be cutting more jobs — likely over 200 — in what will be its third layoff this year. The company has eliminated about 400 ...
In January 2022, Dunzo appeared unstoppable fresh from raising $240 million led by Reliance Retail. The company promised to deliver groceries to millions of Indians within 15 minutes. Three years ...
Dunzo reported a 1.7 billion rupee ($23.5 million) loss in the last fiscal year. But operations in some cities are already “profitable or on the way to profitability,” it says.
Dunzo did not immediately respond to a Reuters email seeking comment. Suri joined the Bengaluru-based company in May 2015, about a year after it was founded and went on to lead its business-to ...
Revenue from operations grew 317% year-on-year to INR 226.6 Cr in the fiscal year ended March 2023. B2C Dunzo Consumer Services Quick Commerce Note: We at Inc42 take our ethics very seriously.
Kabeer Biswas, the last remaining cofounder and CEO of Reliance Retail-backed Dunzo, is in talks to step down following a challenging period for the quick commerce company. Decisions on his 3.4% ...
Bengaluru-headquartered hyperlocal delivery platform Dunzo claims to be on track to achieve a $200 Mn GMV run-rate by the end of the current financial year (FY22), a 100% YoY increase compared to ...
Dunzo has been struggling to strike a funding deal in the past few months and has announced at least three rounds of layoffs, opens new tab, deferred or reduced salaries for some employees as well ...