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

In accounting parlance, a ‘going concern’ is an entity that has sufficient resources to continue making money and avoid the risk of bankrup...

FSN E-Commerce, the parent entity of omnichannel beauty and fashion retailer Nykaa, saw its Q2 profit jump 50%. Cash-strapped Dunzo also di...

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

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 ...

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 ...

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%...

Dunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors. In June...

The descent in its scale of operations accelerated earlier this year as the firm’s funding was delayed in the backdrop of a larger stress i...

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

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 cofounder and Dunzo4Business (D4B) head Dalvir Suri said the logistics aggregator firm is working, along with the government-supporte...

Dunzo for Business (D4B) has a fleet of over 75,000 delivery partners, connecting over 20,000 merchants to customers.

The app-based runner service plans to launch its bike service by the end of this month in Gurugram. The company currently has 400 weekly ac...