Reliance Retail has written off its $200 million investment in hyperlocal startup Dunzo, following the company’s cash crunch and retreat from quick commerce over the past two years ...

Biswas' departure comes amidst mounting financial struggles for Dunzo, including delayed salary payments for over 18 months. Sources indicate that Biswas himself has not drawn a salary for 20 months.

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

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 co-founder Kabeer Biswas has informally agreed to join Flipkart to head its quick-commerce vertical Minutes: Reports. Dunzo co-founder Kabeer Biswas has informally agreed to join Flipkart to ...