Flipkart looking to buy Reliance-backed Dunzo: reportWhile talks are still ongoing, complexities surrounding Dunzo's ownership structure have impeded the two parties from coming to an understa...
20 Feb, 2024, 08.58 PM IST
Layoffs at big internet firms keep staffers at startups on the edgeThe new year has begun on a sombre note for people working in large and well-capitalised startups as companies like Swiggy, Flipkart, and P...
01 Feb, 2024, 06.01 AM IST
PhonePe explored investment in Dunzo’s merchant businessHowever, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.
18 Dec, 2023, 12.04 PM IST
Dunzo board, investors vet key costs to keep cash flow in checkThis comes at a time when the Reliance Retail-backed firm has been struggling to manage its cash flow and has several dues pending towards ...
10 Oct, 2023, 06.01 AM IST
Reliance, Lightrock representatives exit Dunzo board amid legal notices, pending duesQuick commerce startup Dunzo has experienced several board of directors exits over the past two months, reportedly due to cash-flow issues ...
04 Oct, 2023, 09.21 AM IST
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
ETtech Exclusive: Dunzo cofounder Dalvir Suri to exit amid tough timesDalvir Suri, who joined the Bengaluru startup as a cofounder six years ago, was a key executive for core business DMS, client liaison, staf...
02 Oct, 2023, 09.55 AM IST
Dunzo may get $30-35 million lifeline from Reliance, Google, others; more cost cuts on anvil across bizTo secure the much-needed cash, Duzo has also proposed a significantly smaller scale of life ahead where it has projected to bring its burn...
25 Sep, 2023, 09.09 PM IST
Dunzo may get fresh funds but at a price; Amazon’s $4-billion AI betTroubled quick commerce startup Dunzo may finally find some relief, but conditions will apply. The startup could soon close a funding round...
25 Sep, 2023, 08.03 PM IST
Dunzo delays June-July salaries further, says making ‘positive progress’ on fundingEmployees have been promised that the salaries for August will be paid on time on September 4. “The balance salaries for June and July, alo...
31 Aug, 2023, 12.29 PM IST
Quick commerce startup Dunzo formally announces fresh layoffsThis is the third round of layoffs at the Reliance Retail-backed firm, which is grappling with cash flow issues.
21 Jul, 2023, 06.54 PM IST
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...
20 Jul, 2023, 08.22 PM 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
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
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...
06 Apr, 2023, 02.55 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: More consumer internet startups like ShareChat, Dunzo, Rebel Foods join layoff waveThe latest developments at ShareChat, Dunzo and Rebel are an extension of what has transpired in the so-called new economy over the last si...
16 Jan, 2023, 08.30 PM IST