Friday, November 8, 2024

Ankur Aggarwal

NCLT grants Dunzo two-week extension to settle dues with Betterplace

News
Offering some respite to the troubled hyperlocal startup Dunzo, the National Company Law Tribunal (NCLT) has reportedly granted the Reliance Retail-backed company a two-week period to settle its pending dues with vendor Betterplace Safety Solutions. The latest...

Challenges mount for hyperlocal platform Dunzo as key investor Lightbox steps down from board

News
Lightbox, the key investor of cash-strapped hyperlocal platform Dunzo, has stepped down from its board seat,adding to the challenges faced by the startup as it grapples with financial difficulties. With an 11.1% stake, Lightbox stands as the...

NCLT warns Dunzo of moratorium over unpaid dues worth INR 4 Cr

News
The National Company Law Tribunal (NCLT) has warned Dunzo that it may impose a moratorium on the hyperlocal delivery startup if it does not...

Dunzo faces further setback as NCLT accepts insolvency plea filed by Velvin Packaging

News
Adding to the growing challenges faced by Dunzo, the National Company Law Tribunal (NCLT) has accepted Velvin Packaging Solutions Private Limited's insolvency plea against...

Flipkart explores buyout of cash-strapped Dunzo

News
Flipkart, a major ecommerce platform backed by Walmart, is reportedly exploring the acquisition of cash-starved hyperlocal delivery startup Dunzo. According to a TechCrunch report, complexities...

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