ETtech Recap: Decoding Dunzo’s deepening crisis in five storiesHere’s a look at ETtech’s comprehensive coverage of the latest developments at the troubled Bengaluru-based company.
02 Oct, 2023, 12.44 PM IST
Dunzo holds talks with debt investors to rejig credit termsDunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors. In June...
15 Aug, 2023, 10.02 AM IST
Dunzo’s business in free fall amid severe cash flow issuesThe 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...
28 Jul, 2023, 08.58 AM IST
Dunzo’s downfall: from startup star to sinking ship? and other top tech stories this weekThis 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 ...
22 Jul, 2023, 09.53 AM IST
Dunzo to undertake further layoffs as cash flow crisis deepensDunzo 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...
20 Jul, 2023, 04.29 PM IST
Cash-strapped Dunzo seeks a lifeline; defers salaries, plans more job cutsDunzo has decided to reduce costs by 30-40%, which will involve more job cuts, even as it further delays payment of salaries.
20 Jul, 2023, 04.28 PM IST
Cash-strapped quick commerce startup Dunzo eyes $20 million more from Reliance RetailReliance Retail owns a 25.8% stake in Dunzo, while Google holds just under 20%. Reliance Retail’s shareholding is expected to increase in t...
18 Jul, 2023, 08.38 AM IST
Reliance-backed Dunzo may cut more jobs; defers 50% of June salary amid cash crunchDunzo 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...
10 Jul, 2023, 10.59 PM IST
Exclusive: Dunzo secures funding via convertible notes, lays off 30% of staffAbout $50 million of the funding is coming from Google and Reliance Retail while other existing investors are putting in the rest.
06 Apr, 2023, 12.40 PM IST
Exclusive: Dunzo eyes $100 million via convertible notes amid tough equity funding marketReliance-backed co latest to tap alternative routes to secure funds. The round is in advanced stages of closure and could finally settle in...
06 Jan, 2023, 08.07 AM IST
Reliance-backed Dunzo Daily’s Bengaluru operations hit as delivery staff protestDunzo Daily, the 20-minute delivery service, was still not available in many pockets of Bengaluru as of Thursday afternoon.
08 Sep, 2022, 07.44 PM IST
Google to allow fantasy gaming apps in India pilot; strike hits Dunzo Daily ops in BengaluruGoogle said on Thursday it is conducting a pilot to allow the distribution of Indian-made daily fantasy sports (DFS) and rummy apps on the ...
08 Sep, 2022, 07.20 PM IST
Reliance-backed Dunzo is shifting gears as quick commerce hype settlesThe quick delivery startup is pushing users to opt for 60-min deliveries and grouping orders to cut delivery costs.
19 Aug, 2022, 11.30 AM IST
$240 million delivered, Mukesh Ambani-led Reliance Retail picks up 25.8% stake in DunzoThe Reliance-Dunzo deal has more than doubled the valuation of the Bengaluru-based startup to $775 million. Dunzo is planning an IPO in the...
07 Jan, 2022, 10.27 AM IST
Dunzo's FY21 revenue up 67%, losses narrow by 33%Dunzo's gross merchandise value, the total value of transactions through the platform including delivery fees, stood at Rs 590 crore in FY2...
27 Aug, 2021, 09.41 AM IST
Dunzo-Tata talks stuck on deal termsDunzo is in active discussions with Tata Group-owned BigBasket to power the e-grocer's express delivery service
19 Aug, 2021, 06.00 AM IST
Personal task management startup Dunzo raises $650K Pre-Series A fundingThe dunzo app, with its full stack approach, leverages both AI and human operators in providing solutions for consumers’ everyday tasks. Th...
08 Mar, 2016, 03.11 PM IST