Tag: dunzo
Dunzo: Flipkart looking to buy Reliance-backed Dunzo: report
Walmart-backed Indian e-commerce firm Flipkart has held discussions over potentially acquiring the on-demand delivery platform Dunzo, TechCrunch reported on Tuesday, citing three people familiar with…
layoffs: Layoffs at big internet firms keep staffers at startups on the edge
The new year has begun on a sombre note for people working in large and well-capitalised startups as companies like Swiggy, Flipkart, and Paytm are…
free agents: 2023 Year in Review: Meet the top free agents in India’s technology and startup ecosystem
In a year marked by layoffs and business restructuring in the Indian startup sector, several top-level executives exited companies and are yet to take on…
phonepe dunzo merchant business: PhonePe explored investment in Dunzo’s merchant business
Walmart-backed PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter is…
dunzo: Dunzo survival hinges on Reliance Retail commitment to funds
Dunzo’s future hangs by a thread as its largest investor, Reliance Retail, has not yet committed to a proposed rights issue, people aware of the…
dunzo loss: Dunzo FY23 loss widens to Rs 1,800 crore, revenue jumps 4x to Rs 226 crore
Beleaguered quick-commerce company Dunzo saw its loss widen well over three-fold to Rs 1,801.8 crore in FY23, even as revenue from operations grew over four…
dunzo: Dunzo may see valuation drop to $200 million in $35 million rights issue
Quick commerce startup Dunzo is seeking a final nod from its board to raise up to $35 million through a rights issue even as some…
dunzo crisis: Reliance, Lightrock representatives exit Dunzo board amid legal notices, pending dues
Troubled quick commerce startup Dunzo has seen about five exits from its board of directors over the past two months, people in the know told…
dunzo dalvir suri: Dunzo cofounder Dalvir Suri to exit amid tough times
Following several weeks of crisis triggered by a severe cash crunch at Reliance Retail-backed Dunzo, cofounder Dalvir Suri is leaving the embattled instant delivery startup,…
dunzo salaries delay: Dunzo delays paying salaries further as company faces severe cash crunch
Cash-strapped quick-commerce startup Dunzo has further delayed paying August salaries to a number of employees, after having earlier promised to clear them by the end…