However, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.

An impasse after several rounds of discussions has left Dunzo’s other investors increasingly sceptical of its chances of survival in the ab...

Here’s a look at ETtech’s comprehensive coverage of the latest developments at the troubled Bengaluru-based company.

Dalvir Suri, who joined the Bengaluru startup as a cofounder six years ago, was a key executive for core business DMS, client liaison, staf...

To secure the much-needed cash, Duzo has also proposed a significantly smaller scale of life ahead where it has projected to bring its burn...

Troubled quick commerce startup Dunzo may finally find some relief, but conditions will apply. The startup could soon close a funding round...

Employees have been promised that the salaries for August will be paid on time on September 4. “The balance salaries for June and July, alo...

Reliance Retail, the largest investor with 26% stake in Dunzo, is averse to the idea of slashing the valuation of the startup by nearly 50%...

This week was Dunzo’s worst ever since it pivoted to quick commerce with Dunzo Daily in 2021. At ETtech, we have been closely tracking the ...

This is the third round of layoffs at the Reliance Retail-backed firm, which is grappling with cash flow issues.

Sources aware of the matter said several employees have now been told their roles would be redundant as the company needs to save capital b...

Dunzo is set to undertake another round of layoffs amid a funds crunch, co-founder and CTO Mukund Jha told employees in an all-hands meetin...

Dunzo has decided to reduce costs by 30-40%, which will involve more job cuts, even as it further delays payment of salaries.

Dunzo has already cut jobs twice this year. In April it fired 30% of its workforce, or more than 300 people, and simultaneously planned a s...

Besides layoffs, Dunzo is also likely to cut about 50% of its dark stores and run only those that can be profitable or are nearing that thr...

About $50 million of the funding is coming from Google and Reliance Retail while other existing investors are putting in the rest.

The latest developments at ShareChat, Dunzo and Rebel are an extension of what has transpired in the so-called new economy over the last si...