Friday, November 8, 2024

Dalvir Suri

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...

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 around Reliance-backed Dunzo's ownership structure have made it difficult for both parties...

Dunzo reports INR 1,800 Crore loss in FY23, while operational revenue soars to INR 226 Crore

News
The struggling quick-commerce firm Dunzo witnessed a substantial increase in its losses, which soared to INR 1,801.8 crore in FY23. Despite this, its operational...

Dunzo’s head of finance steps down as cash crunch grips the startup

News
In another major shakeup within the troubled Dunzo, Sudharshan N, the head of finance, has parted ways with the quick commerce startup. Sudharshan's LinkedIn profile...

Employees left in limbo as Dunzo postpones salary payments once more

News
Cash-strapped hyperlocal delivery startup Dunzo has allegedly postponed the disbursement of overdue salaries to its employees for an additional four months. According to Moneycontrol, Dunzo...

Dunzo’s leadership exodus continues: Co-Founder Mukund Jha steps down

News
Dunzo, the Indian quick commerce startup, continues to grapple with challenges. Just one day after the company officially announced the departure of Co-Founder Dalvir...

Dunzo Co-Founder Dalvir Suri announces departure after six years of service

News
Dalvir Suri, one of the Co-Founders of Dunzo, is preparing to step down from his role after dedicating more than six years to the...

Dunzo fully integrates seller app with ONDC, set to onboard 20k merchants

News
Dunzo, backed by Reliance and Google, revealed on Thursday that it has seamlessly integrated its seller app with the state-supported Open Network for Digital...

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