dunzo
Reliance Retail Writes Off USD 200 Mn Investment in Dunzo Amid Cash Crunch
Reliance, which held a 25.8% stake since its January 2022 investment, is no longer pursuing further funding discussions or distress sale negotiations.
Kabeer Biswas Steps Down as CEO of Dunzo After 10 Years
According to filings with the Ministry of Corporate Affairs, Biswas and Ankur Agarwal registered a new venture, Nexavise Solutions, in June 2024. However, plans to pursue this new initiative have been shelved.
VC firm Lightbox Steps Down from the Dunzo Board Amid Ongoing Financial Difficulties
This represents the third-largest investor's exit from the company's board of directors, after Reliance Retail and Google, which exited the board of the quick commerce firm last year.
Reliance And Google-Backed Dunzo Delays 50% Salary Of Staffs: Report
In April this year, Dunzo had laid off 30% of its staff after securing $75 million funding from Reliance Retail, Google, and other investors
Entrepreneur-Turned-Investor
2021 has proved the importance of building sustainable businesses on solid foundations and we're deploying investment capital with a closer alignment of purpose and profit going forward: Sandeep Murthy
Coronavirus: Britannia Partners With Dunzo To Ensure Supply
Customers can avail the company's products through the hyperlocal service in under an hour of ordering.
Coronavirus: MyGate Partners With E-Commerce Firms For Contactless Deliveries
The start-up has attempted to replace human interaction with alert calls as the number of positive cases in India continue to rise
Can Drones Make the Consumer Delivery Ecosystem Fly?
If approved, start-ups such as Dunzo and Zomato would be able to cut down costs and drive faster deliveries
These 3 Global Tech Giants are Betting Big on Indian Start-ups
Facebook's intention to invest more in the country follows the footsteps of the likes of Amazon, Microsoft and Google.
Startup Saturday: Lenskart and PhonePe Looking to Raise $350 mn $1 bn Respectively & Dunzo Ventures into a New Space
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