Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleetXtreme, which was launched late last month, targets both small and large merchants for delivering small packages intracity on the lines of ...
13 Oct, 2023, 05.42 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
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 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
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
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 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
$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
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...
18 May, 2021, 03.59 PM IST
Dunzo gets $45 million to fight Swiggy, AmazonAfter the fund-raise, the company has been valued at $180-200 million. Google, which made its first direct investment in Dunzo in 2018, has...
04 Oct, 2019, 09.28 AM IST
In India, there is no winner-takes-all transactions businessDunzo became the first domestic startup to secure direct funding from Google in late 2017.
17 Mar, 2019, 10.40 AM IST
Dunzo is in talks to raise Rs 183 crore from Google, othersThe funding round is expected to value the three-year-old startup at about $100 million, three times the valuation Dunzo garnered when it p...
13 Nov, 2018, 09.28 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