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

Reliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...

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.

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

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...

Data shows the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022 as inve...

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%...

Troubled quick commerce company Dunzo, in desperate need of cash, is in talks for a funding deal with its investors. But with that comes a ...

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...

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...

The company sharply cut its FY24 revenue growth estimate on the back of an uncertain global environment. Infosys now sees revenue growing j...

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.

The winds of change blowing through the Indian credit industry might blow some off their perch. Mukesh Ambani’s Reliance Industries is targ...