Thu, Dec 07, 2023
Earlier this week, the company told employees that it had got assurance from their investor that expected funds would be wired to them by early next week and assured workers that they should be able to release the November salaries as soon as they receive it, reports.
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Mon, Nov 20, 2023
A Dunzo spokesperson commented on the matter, saying, "This migration is just a regular business decision.
Sat, Nov 11, 2023
ZeeBiz.com has curated a list of top deals this week featuring Byju's, Dunzo, Natch, WishCare, Xpressbees among others.
Wed, Nov 08, 2023
Going concern is an accounting term for a company that has the resources to continue making enough money to stay afloat for the foreseeable future.
Mon, Oct 30, 2023
The report evaluated 12 platforms offering location-based services in sectors such as domestic and personal care, logistics, food delivery and transportation, in the country.
Sat, Oct 07, 2023
ZeeBiz.com has curated a list of top deals this week featuring CRED, Dunzo, OpenAI, DeHaat, WinZO among others.
Wed, Oct 04, 2023
The development comes after Dunzo raised USD 75 million in April, and fired about 300 employees in the first half of this year as part of cost-cutting measures.
Wed, Sep 27, 2023
Dunzo further delayed the salaries of its employees for the months of June and July, this time to November, amid an ongoing fund crunch.
Tue, Aug 22, 2023
Dunzo, the quick commerce startup, faces a hurdle in raising funds as shareholders clash over valuation. Reliance Retail, holding a 26% stake, opposes a nearly 50% valuation reduction as its $200-million investment in January 2022 could face erosion. Dunzo's struggle in the consumer market has led to its valuation decline.
Fri, Aug 04, 2023
This week startups like Dunzo seller joined ONDC, CRED launched RuPay credit card-based payments, and community engagement & hiring platform for students and graduates Unstop raised $5 million funding.
In addition to being a logistics partner on the network, the seller app will onboard 1,500 local merchants in the next one week.
Wed, Jul 19, 2023
An internal mail was shared with employees in which the cash-strapped logistics firm has stated that the remaining salary for June and July would be paid with the August salary payout, in the first week of September.
Tue, Jul 11, 2023
Reliance Retail and Google-backed logistics and delivery platform Dunzo has deferred payment of the June salaries to about 500 employees, according to sources.
Fri, Jun 09, 2023
According to the data from the layoff tracking site Layoffs.fyi, more than 10,000 employees have been laid off by around 60 Indian startups since January 2023.
Thu, Apr 06, 2023
The investment was led by Reliance Retail Ventures, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.
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