Latest Articles in Dunzo
Dunzo Delays Salaries As It Faces Financial Crunch
The Bengaluru-based startup is also looking to move out of its headquarters on Wind Tunnel road as part of further cost-cutting measures
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Dunzo In Talks With Debt Investors To Rejig Credit Terms
Similar to PharmEasy’s situation, strict debt covenants can hinder cash access for Dunzo
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Dunzo Defers 50% of June Salary, May Conduct Another Layoff Round
In April, it laid off 30 per cent of its personnel, or more than 300 people, while also planning a business model transition to lower operational costs
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Reliance Retail-backed Dunzo Secures $75 M, Lays Off Over 300 Employees
Dunzo, which is present in around seven locations, had planned to double its presence in the top cities but had to halt expansion due to budget constraints
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Quick E-commerce Player Dunzo In Talks To Raise Over $70 M: Reports
Dunzo was initially looking to bag at least $150 million by selling a stake to the investors, but its decision to opt for convertible notes emphasises the fact that the large startups are struggling to secure funding amid the funding winter
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Micro-Investing Platform Deciml Raises $1 M From Unnati Labs, Others
Born as a bootstrapped startup, today Deciml is backed by a clutch of strategic investors that include VCs, entrepreneurs, and creators
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Dunzo Eyes To Raise $300 Million To Fund Quick Commerce Biz
Reliance Retail acquired a 25.4 per cent stake in January. Dunzo’s different shareholders embody Google whereas the Dunzo cofounders and administration crew personal round 20 per cent of the corporate
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Dunzo Raises $240M In Latest Round Of Funding
This round is a reinstatement of confidence of existing and new investors in Dunzo’s potential and success in creating an exceptional user experience.
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TATA Digital Looking to Acquire Stake In Dunzo
The potential deal may value the platform anywhere between $150-200 million. This platform is backed by big players in the market like Google, Blume Ventures, and Lightbox, to name a few.
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Blume Ventures Plans Fourth Fund Of $150 Million
The company has backed unicorns like Unacademy, Purplle, Dunzo, and Healthfyme. Abu Dhabi investment authority will be one of the Limited Partners(LP) who will invest in the VC fund returning to this fund.
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