Tag: Dunzo crisis
Posted in Startups
dunzo crisis: Reliance, Lightrock representatives exit Dunzo board amid legal notices, pending dues
October 3, 2023 Leave a Comment on 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…
Posted in Startups
dunzo business plummets: Dunzo’s business in free fall amid severe cash flow issues
July 28, 2023 Leave a Comment on dunzo business plummets: Dunzo’s business in free fall amid severe cash flow issues
Quick commerce startup Dunzo has seen its scale of operations fall to almost one-fifth of the peak it hit last year as it continues to…
Posted in Startups
layoffs: Fresh layoffs begin as beleaguered Dunzo looks to prune costs
July 20, 2023 Leave a Comment on layoffs: Fresh layoffs begin as beleaguered Dunzo looks to prune costs
Troubled quick commerce startup Dunzo has begun a fresh round of layoffs impacting executives across divisions, people in the know told ET. The Reliance Retail-backed…
Posted in Startups
Dunzo layoffs: Dunzo to undertake further layoffs as cash flow crisis deepens
July 20, 2023 Leave a Comment on Dunzo layoffs: Dunzo to undertake further layoffs as cash flow crisis deepens
Quick commerce player Dunzo is set to undertake another round of layoffs amid a fund crunch, cofounder and CTO Mukund Jha told employees in an…