dunzo

Quick commerce startup Dunzo has announced a fresh round of layoffs just three months after firing around 60-80 employees.This time around, the Bengaluru-based startup has fired 30% of its employees, in a move that is likely to impact…

Reliance Retail-backed quick commerce startup Dunzo has secured funding of $75 million through convertible notes. It is also laying off about 30% of employees in addition to planning a shift in the business model. This and more in today's…

Reliance Retail-backed quick commerce startup Dunzo has secured funding of $75 million through convertible notes, said several people aware of the matter. It is also laying off about 30% or over 300 staff besides planning a shift in the…

In February this year, Delhi's Consumer Disputes Redressal Commission issued a notice to delivery company Dunzo after its delivery partner sexually harassed a woman when he showed up drunk at her address at midnight and later even…

Zomato chief executive Deepinder Goyal on Monday said that the company was looking to hire 800 people across roles such as growth managers, software development engineers and even chiefs of staff to CEOs of Zomato, Hyperpure and Blinkit. In…

Indian startups fired nearly 18,000 employees in 2022 as a funding winter and macroeconomic uncertainty froze investors in their tracks. Not much has changed on this front at the start of 2023, with companies such as Dunzo, ShareChat and…

Large consumer Internet firms are moving fast to rein in costs and are planning additional layoffs as 2023 begins on a cautious note for startups, industry executives and investors briefed on the matter told ET.Reliance Retail-backed Dunzo…

Over the past six months, convertible notes have emerged as a lifeline for many highly valued, growth-stage startups which were unsuccessful in raising funds through the traditional equity route. Today, we are reporting that Reliance-backed…

Reliance Retail-backed Dunzo is in talks to raise up to $100 million (Rs 825 crore) through convertible notes, people aware of the matter said, joining a growing list of startups which have tapped alternate funding routes to preserve their…

A majority of Indian consumers buying groceries online are not in a rush and don’t want to pay delivery charges even if they have to wait for a few hours or even a day or two, says a survey by LocalCircles. Only 3% of household consumers…