Reliance Industries wrote off its investment in Dunzo after the hyperlocal delivery platform struggled in the competitive quick commerce ma...

Dunzo's website and app went offline following CEO Kabeer Biswas's departure to Flipkart. The startup has struggled financially despite rai...

This follows nearly 12–18 tumultuous months for one of the early movers in the quick commerce business. The discussions come at a time when...

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...

The Reliance Retail-backed firm, which has sharply shrunk its operations and laid off hundreds of employees over the course of this year, s...

Quick commerce startup Dunzo has experienced several board of directors exits over the past two months, reportedly due to cash-flow issues ...

While a few of the existing investors have committed around $10-15 million in capital at the reduced valuation, the company’s board is yet ...

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

Dunzo has been struggling to close essential new financing as a difference in the scope of valuation between its investors has emerged as a...

Talk about being caught in a downward spiral. Cash-starved Dunzo has sharply scaled down operations to about a fifth from last year’s peak ...

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...

Reliance Retail owns a 25.8% stake in Dunzo, while Google holds just under 20%. Reliance Retail’s shareholding is expected to increase in t...

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...

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

The Reliance-Dunzo deal has more than doubled the valuation of the Bengaluru-based startup to $775 million. Dunzo is planning an IPO in the...

Post this deal, Reliance Retail is now the largest shareholder in Dunzo.