Tag: reliance retail
Who is Bhakti Modi, the Ivy League-educated CEO of Tira? Know her connection to Mukesh Ambani | Trending
Sep 13, 2024 09:14 AM IST Bhakti Modi, daughter of Mukesh Ambani’s close aide Manoj Modi, has been named the CEO of Reliance Retail’s omni-channel…
unicorn startups: Average unicorn time for startups down to 5.5 years: Report
The average number of years required for an India startup to become a unicorn declined from 8.4 years in 2022 to 5.5 years in 2023,…
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: ETtech Recap: Decoding Dunzo’s deepening cash crunch in five stories
From funding woes to mass layoffs and a major drop in its business, the crisis seems to be deepening for the Reliance Retail-backed quick-commerce startup…
milkbasket: Layoffs, redundancies hit Milkbasket as Reliance steps up integration
Subscription-based delivery firm Milkbasket is seeing a slew of layoffs and redundancies as its integration with parent Reliance Retail is now at an advanced stage,…
dunzo: Dunzo faces legal notice from seven firms over unpaid dues
Homegrown quick-grocery delivery provider Dunzo has received a legal notice from at least seven companies since March this year, according to media reports. According to…
dunzo layoffs: Quick commerce startup Dunzo formally announces fresh layoffs
Quick commerce startup Dunzo has formally informed its staff about fresh layoffs, which will impact around 150-200 employees, people aware of the matter said. This…
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…