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 ...

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...

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...

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 ...

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...

Besides layoffs, Dunzo is also likely to cut about 50% of its dark stores and run only those that can be profitable or are nearing that thr...

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

The quick delivery startup is pushing users to opt for 60-min deliveries and grouping orders to cut delivery costs.

Ola is planning an aggressive push for its quick commerce service, Ola Dash, by setting up 500 dark stores across 20 cities in the next six...

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...

Dunzo is in active discussions with Tata Group-owned BigBasket to power the e-grocer's express delivery service

The move has also come amid the entry of Reliance JioMart, a foray that is expected to give stiff competition to established players.

Swiggy and Dunzo have tied up with wholesalers for the first, while they have teamed up with Jumbotail for the second.