Dunzo
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Walmart-backed PhonePe’s move to invest in Dunzo stumbles amid investor apprehension
Walmart-backed PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter...
Awaiting investor funds, Dunzo yet to disburse November salaries
Dunzo, the hyperlocal delivery platform grappling with a significant financial downturn, has allegedly been unable to disburse salaries to its employees for the month...
Online grocery market in India takes a hit as consumer preferences shift to local markets
The online grocery market in India, propelled by quick-commerce platforms and experiencing a surge since the COVID-induced lockdown in 2020, is now showing signs...
Deloitte raises doubt on Dunzo’s ability to continue as ‘going concern’
Deloitte, a leading consulting firm that conducted a financial audit for Dunzo, a cash-strapped startup in FY23, has stated that the company's viability as...
Dunzo reports INR 1,800 Crore loss in FY23, while operational revenue soars to INR 226 Crore
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...
Foodtech giant Zomato diversifies into logistics with new Xtreme app
In an effort to expand its business diversification, Zomato, a prominent player in the foodtech industry, has entered the logistics sector by introducing a...
Dunzo’s head of finance steps down as cash crunch grips the startup
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...
Snitch gears up for market expansion with Aniket Singh as new Chief Business Officer
Snitch, a prominent direct-to-consumer (D2C) men's fashion brand, is pleased to announce the appointment of Aniket Singh as the company's new Chief Business Officer....
Dunzo’s valuation may plummet to $200 Million as firm seeks approval for rights issue
The quick commerce startup Dunzo is in the process of obtaining the board's approval for a potential $35 million fundraising effort. However, there is...
Employees left in limbo as Dunzo postpones salary payments once more
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
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
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...