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

Dunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Bi...

Kabeer Biswas is leaving cash-strapped Dunzo, backed by Reliance Retail, after more than a year of grappling with funding issues. Biswas wi...

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...

This comes at a time when the Reliance Retail-backed firm has been struggling to manage its cash flow and has several dues pending towards ...

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.

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%...

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 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.

Reliance-backed co latest to tap alternative routes to secure funds. The round is in advanced stages of closure and could finally settle in...

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.