Reliance Pulls the Plug on Its $200M Dunzo Investment
Reliance Retail, the consumer arm of Reliance Industries, has officially written down its ₹1,645 crore investment ...
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Tag: Dunzo
Dunzo’s largest shareholder, Reliance Retail, writes off $200 Mn investment
The retail behemoth of India, Reliance Retail, has made the remarkable decision to write down its ...
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Dunzo’s Rise, Fall, and the Future of Indian Startups: What Went Wrong?
Dunzo’s story is a grim tale of ambition, innovation, and the perils of overextending in an ...
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Founder Kabeer Biswas to Step Down: Dunzo Faces Financial Woes and Distress Sale
The hyperlocal delivery space in India witnessed a watershed moment as Kabeer Biswas, co-founder and CEO ...
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Reliance backed Dunzo fires 150 employees, promises to clear dues after raising funds
Due to a severe cash shortage, Dunzo, the online delivery service supported by Reliance Retail, is ...
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Investor Lightbox leaves board seat in delivery platform Dunzo
Dunzo, a well-known name in the hyperlocal delivery sector, is facing turbulent times. Recently, Lightbox, its ...
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Dunzo eyes profitably for the first in FY25
The convenience platform Dunzo, supported by Reliance Retail, is struggling to get through a difficult liquidity ...
Read moreDunzo Partner Stores in Bengaluru Go Offline Temporarily Following Non Payment of Dues
The quick-commerce landscape in Bengaluru is facing a challenge as Dunzo, a company backed by Reliance ...
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Deloitte Raises Concerns Over Dunzo’s Financial Viability for FY23
In a recent financial audit, Deloitte, the global audit and consulting firm, raised significant concerns about ...
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Dunzo FY23 Loss Widens to Rs 1,800 Crore, Revenue At Rs 226 Crore: What It Means for the Quick Commerce Industry
Dunzo, the quick commerce platform backed by Reliance Retail, has posted a massive loss of Rs ...
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