Dunzo
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Dunzo commits to pay 12% annual interest on withheld salaries amid financial challenges
Homegrown rapid-grocery delivery company Dunzo has committed to paying its employees a 12 percent annual interest on the salary component that was withheld since...
Legal troubles mount for struggling Dunzo as companies seek payment resolution
Dunzo, the struggling quick-commerce startup, has reportedly received legal notices from at least seven companies, including Google and Facebook, over pending dues. The notices...
Cash-strapped Dunzo faces legal notice from Facebook and Nilenso over unpaid dues
Homegrown quick-grocery delivery provider Dunzo finds itself in the midst of a legal dispute as it faces a legal notice from Facebook India Online...
Dunzo’s financial woes continue: Third round of layoffs to impact 20% of workforce
According to reports, Dunzo, the quick commerce startup, is anticipated to undergo another round of layoffs this week.Insiders familiar with the matter informed Moneycontrol...
Cash-strapped Dunzo delays salary disbursements to employees again, extending payment deferrals by over a month
In the midst of a financial squeeze, Dunzo, the quick commerce platform, has once more decided to postpone salary disbursements to its employees, this...
Dunzo seeks USD 20 Million in funding from Reliance Retail amid cash flow challenges
Dunzo, the quick commerce startup, is currently seeking at least USD 20 million (about INR 165 crore) in additional funding from its largest shareholder,...
Hyperlocal commerce player Dunzo defers salaries for some employees, cites cash-flow constraints
Dunzo, a hyperlocal quick commerce player backed by Google and Reliance Retail, has made the decision to defer up to 50 percent of salaries...
Dunzo4Business to extend operations, eyes entry into 10-15 new cities in the coming months
Dunzo4Business, the logistics arm of Dunzo supported by Reliance Retail, has revealed its strategic plan for expansion. A senior company official has stated that...
Dunzo introduces ‘Project Swabhimaan’ to empower women delivery partners with financial literacy training
Dunzo, a Bengaluru-based hyperlocal and q-commerce brand in India, has recently introduced "Project Swabhimaan." This initiative offers financial literacy training to Dunzo's delivery partners...
FMCG platform Soptle raises $1M in funding, with Kube VC and We Founder Circle as lead investors
Soptle, a retail platform that focuses on fast-moving consumer goods (FMCG), has recently secured $1 million in funding. The investment round was led by...
Thrive’s SaaS model disrupts food delivery with 3% commission, draws strategic investors and restaurant owners
Thrive, a foodtech platform, is disrupting the food delivery market by charging restaurants a commission of only 3%, which is significantly lower than the...
Hyperlocal grocery platform ApnaMart nears completion of $20 Million Series A funding round led by Accel
Bharat-focused hyperlocal grocery platform, ApnaMart, is reportedly on the brink of closing a Series A funding round with Accel Partners and Sequoia Capital. Three...