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Dunzo's journey, which began as a modest WhatsApp group in 2014, evolved into a significant player in the hyperlocal delivery space. Backed by investors like Google, Reliance, Lightrock, and Blume ...
Dunzo has been looking to raise a large funding round for several quarters. The company was eyeing as much as $150 million earlier and could only secure about $45 million in a recent funding round ...
Dunzo, which has raised about $500 million to date, has ceded much of the hyperlocal delivery market to upstarts Zepto, Swiggy and Zomato’s BlinkIt in recent quarters.
Dunzo “started off with some certain selected products and they didn’t extend their assortments,” Karan Taurani, vice president at investment firm Elara Capital, told Rest of World.
Dunzo is said to have deferred employee salaries to September, while it has an outstanding balance of more than INR 11 Cr to several vendors, some of which have also sent notices to the startup.
Dunzo, the quick commerce startup in India, has found itself in hot waters over the last couple of years.The latest financial result for the fiscal year 2023 has only added to its troubles. On the ...
Indian online delivery platform Dunzo has secured funding of $75 million through convertible notes and is laying off about 30% of its staff as it plans a revamp of its business model, the Economic ...
Dunzo’s consolidated loss in FY22 widened 2X to INR 464 Cr from INR 229 Cr in FY21 on the back of doubling of its expenses.Meanwhile, its total revenue stood at INR 67.7 Cr in FY22, also ...
Flipkart has hired Kabeer Biswas, the co-founder of Indian delivery startup Dunzo, as the Walmart-owned e-commerce group expands its quick-commerce business in the country. Biswas will lead ...
Dunzo's India Shops Report for 2022 report, revealed the most "quirky and wacky" requests received this year. The company in a statement said, ...
A Dunzo agent ran behind a train to deliver a package. A video of a delivery agent from an on-demand multi-delivery service company- Dunzo is winning the internet.