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IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
Kabeer Biswas’s concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, CredKabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV P...
Lenskart CEO interview; Dunzo founder exits FlipkartPeyush Bansal spoke to us about the company’s upcoming IPO and growth plans. This and more in today's ETtech Top 5.
Dunzo’s demise: How the Reliance-backed hyperlocal delivery startup unravelledDunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Bi...
Dunzo founder’s exit; Digilocker outageHappy New Year! Welcome to the first edition of ETtech Morning Dispatch in 2025. Kabeer Biswas, Dunzo's cofounder & CEO, is in talks to exi...
Dunzo founder's exit; GCCs & pay hikesWishing all our readers a very happy new year. Dunzo's cofounder & CEO has discussed leaving his crisis-hit company. This and more in 2025'...
Dunzo valuation may drop to $200 million, firm seeks nod for rights issueWhile a few of the existing investors have committed around $10-15 million in capital at the reduced valuation, the company’s board is yet ...
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.
Dunzo delays paying salaries further as company faces severe cash crunchDunzo has been struggling to finalise crucial funding amid a cash crunch, as a valuation mismatch among stakeholders has become a point of ...
Dunzo’s funding plans hit a roadblock; software firms seek changes to local value addition normsTroubled quick commerce company Dunzo, in desperate need of cash, is in talks for a funding deal with its investors. But with that comes a ...
Fresh layoffs begin as beleaguered Dunzo looks to prune costsSources aware of the matter said several employees have now been told their roles would be redundant as the company needs to save capital b...
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...
FMCG platform Soptle raises $1 million in funding led by Kube VC, We Founder CircleThe funding will aid Soptle’s expansion of the retailer-network reach and manufacturing-partner footprint across India, with new product of...
Dunzo lays off 300 employees amounting to 30% of its workforceBesides 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...
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.
$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...
Dukaan partners with Dunzo, Shiprocket to integrate delivery into its platformShiprocket provides a fully automated end-to-end workflow from sending the inventory to dispatching and tracking orders, while Dunzo’s expe...
PepsiCo partners with Dunzo to deliver its food brandsAs part of the initiative, Dunzo would host Lay's e-store on its app and would deliver products within an hour of ordering.
Covid-19 impact: Britannia partners with Dunzo to home-deliver food essentialsThe new partnership will allow customers to order products from Britannia Essential stores through the Dunzo app. Dunzo will source the pro...
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...