Reliance Retail held nearly 26 per cent stake while Google had a 20 per cent stake in Dunzo. (Image@DunzoIt-X) Hyperlocal supermarket and grocery startup Dunzo, which has been struggling to ...

Despite significant investments, Dunzo has faced financial struggles, layoffs, and legal issues, with ex-employees filing complaints over unpaid dues and creditors taking legal action for unpaid ...

Dunzo has not come out to explain the cause of these technical issues or elaborate on how they are working on solving them. High Employee Turnover During a Year of Financial Instability There is ...

Despite significant funding, Dunzo faced financial difficulties, competition from rivals, and operational cutbacks, leading to legal issues and platform shutdown. Reliance-backed hyperlocal ...

Rebel Foods raised $210 million last December from investors led by Temasek through a mix of secondary share sales and primary capital. .The second fund’s returns include Lightbox’s 3x gain from its ...

Dunzo had raised over $450 million, including $200 million from Reliance Retail in January 2022. However, it was facing constant financial difficulties and had drastically reduced its operations.

Reliance-backed Dunzo has been struggling with financial problems and legal issues for several years now, also losing much ground to its competitors. In September last year, the company laid off ...

With over $70 Mn in financial liabilities, Dunzo’s potential sale looks impossible, several industry sources told us. “Unlike in 2021-2022, a business like Dunzo today can be built within a week.

New Delhi: Hyperlocal delivery startup Dunzo faced disruption, with both its app and website experiencing outages. This comes at a time when the company is reportedly grappling with an employee ...

After two years of financial turmoil and Dunzo’s exit from the quick commerce segment, Reliance Retail, its largest shareholder, has written off its $200 million (Rs 1,700 crore) investment in ...

Hyperlocal delivery service Dunzo’s app and website have gone offline days after news broke that its co-founder and CEO Kabeer Biswas has joined Flipkart to work on its quick commerce offering.