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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.

According to Dunzo’s financial statements for the fiscal year ended March 31, 2023 (FY23), its net loss shot up 288% to INR 1,801 Cr from INR 464 Cr in the previous fiscal year.

Walmart is scrutinizing the appointment of Dunzo CEO Kabeer Biswas as head of Flipkart Minutes, following concerns raised by former Dunzo employees about his background. Despite significant ...

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. Subscribe 0. Login ...

Reliance Retail held nearly 26 per cent stake while Google had a 20 per cent stake in Dunzo. Moreover, the company’s losses had also swelled to Rs 1,801 crore in FY23 from Rs 464 crore in FY22.

Founded in 2014, Dunzo initially offered pick-and-drop services. It shifted to quick commerce in 2021 and secured $240 Mn in funding from Reliance Retail in 2022. [With inputs from Bismah Malik] ...

In 2024, Dunzo laid off 150 employees in a fresh round of layoffs, leaving the firm with just 50 employees in its core supply and marketplace teams. The company reported a substantial net loss of ...