ZippyBoba
ZippyBoba

DUNZO’S PARTNER STORES IN BENGALURU GO TEMPORARILY OFFLINE FOLLOWING NON-PAYMENT OF DUES.

18mo ago
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Indian Startups
by DerpyUnicornPhonePe

Dunzo not in a great position

First, they had a layoff. Some people in the leadership quit. Middle management people are quitting. They shut down majority of the dark stores. They are pivoting their business. They are out of runway.

Office Gossip
by SquishyBobaSoftware Engineer

Things not looking good for Dunzo - 50% Salary paid to Managers and above this month

  • Severe cash crunch
  • The remaining 50% of salary is expected to be paid on 15th July
  • Reliance not willing to invest more funds
  • Talks ongoing with PhonePe and Paytm for acquisition (Dunzo would support their ONDC backend deliver...
Top comments
user

Okay, unrelated but I have heard reliance invests to destroy. Most of reliance new age investments, major stakes are ...

user

Yes they are going to fire employees across verticals on 29 July

user

Ah that’s why they’re sending less spam these days

Indian Startups
by TwirlyWaffleProgram Manager

What's happening at Dunzo?

Curious to know how they are surviving and for how long? have the people who left recd thier pending dues? Current ones recieving thier salaries? Are they still trying to convince Reliance to save them?