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The NCLT has dismissed an insolvency petition against Dunzo, stating that the plea was not maintainable. The petition had been filed by a financial creditor of Dunzo for non-payment of dues.
Biswas, who co-founded Dunzo in 2014, recently joined Walmart-owned Flipkart to head its recently launched quick commerce division, Flipkart Minutes. The Morning Context claims to have seen the ...
Dunzo faces major setbacks as its app and website go down amid mass employee exits, financial woes, and leadership changes. Read the latest news on this crisis.
Dunzo's troubles have been brewing for some time, with the company having undergone multiple rounds of layoffs in 2023 and 2024, reducing its workforce to a mere 50 employees in core operational ...
Hyperlocal supermarket and grocery startup Dunzo, which has been struggling to survive and raise funds, is likely to have ceased operations. The company’s app and website are no longer operational.
SUMMARY Amid the ongoing troubles of hyperlocal delivery startup Dunzo, its mobile app and website are down Its website is showing the message, “ {"error":"Something went wrong."}.” The mobile ...
Bengaluru-based quick-commerce start-up Dunzo finds itself in a precarious position with its co-founder and CEO, Kabeer Biswas, discussing the possibility of stepping down with investors.
Layoffs at Dunzo Supported by Reliance Retail As a cost-cutting measure, Dunzo let go of 150 workers or almost 75% of its personnel. Financial Express reported that the company's mounting financial ...
Dunzo started the quick commerce business under Dunzo Daily in 2021, which is said to be a $240-million investment led by Reliance. The capital-intensive business soon ran into financial trouble.
An NCLT judgement dated 29 May states that while settlement negotiations were in progress, both parties had requested additional time. The bench had stipulated that Dunzo would have to respond to the ...
In January, Dunzo’s creditor Invoice Discounters of Dunzo Digital filed an application under section 7 of Insolvency and Bankruptcy Code, 2016, alleging that the Reliance Retail-backed startup ...
Lightbox, a key investor in the cash-strapped hyperlocal delivery platform Dunzo, has given up its board seat, people aware of the developments have told Moneycontrol. With an 11.1 percent stake ...
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