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A report on Dunzo's timeline

Found this report by Inc42 on Linkedin. Hope things get better!

In April 2022, #Dunzo cofounder & CEO Kabeer Biswas said quick commerce is a game of optimisation — but ironically, 18 months later, Dun...

https://www.linkedin.com/posts/inc42_dunzo-activity-7117410241826164736-7Db6

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Clarky

Stealth

a year ago

Not going to go into details but they do have a lot and I mean lot of bad karma to attone to. This one will have a long haul of failure just because they did all the wrongs in the disguise of being the best and coolest people on the block. People who have e been affected by Dunzo leadership mismanagement - I know some of you and I know you all will not say this at this time (or even before) - but this is the downfall that was long coming for Dunzo. The only people responsible are the founders and no one else.
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FitBomber

Nike

a year ago

Yeah, can understand.
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EarthDragon

Stealth

a year ago

@MasterShifu perfect answer! And not just all the founders - the one in particular holding 3% equity & his facade of being a nice guy while being a crook of the highest order (the second face).
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Internetexplorer

Swiggy

a year ago

Looks like they kept raising so much money but didn't know how to spend it wisely?
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Curated from across

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Indian Startups on

by TastyTensor9

Venture Capital

Reliance pulls representatives from Dunzo’s board

Just read this after getting to know earlier today that one of the cofounders have resigned. Didnt even know that the cofounders never had a stake, they’d just get a salary. Super weird.

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Office Gossip on

by BabySharkDoDoDo

Software 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 delivery logistics)

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Indian Startups on

by HotHotdog

Student

Dunzo raising new round ? ? If yes, its a big win for a brand

https://inc42.com/buzz/exclusive-dunzo-in-advanced-talks-to-raise-around-100-mn-in-series-g-round/

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Layoffs on

by Wagewala

Stealth

Fresh layoffs at Dunzo

Dunzo again laid off 150-200 employees amid reports of fresh funding

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Indian Startups on

by Godsown

Paytm

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?

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Indian Startups on

by TastyTensor9

Venture Capital

People at Dunzo/who were in Dunzo, what's happening there now?

Haven't heard about an acquisition or new fundraise. What is next for Dunzo?

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Layoffs on

by Theanalyst001

PhonePe

Layoff at Dunzo

I got impacted in the layoff. About 8-10% from my team have been impacted.

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Indian Startups on

by Theanalyst001

PhonePe

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.

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Indian Startups on

by rat_racer

Globallogic

Dunzo is done? 🍿

What happened to Dunzo after layoff saga and no funding crisis. I've to stop blinding thikning "startup are good places to be" this LinkedIn post saying No form 16 is given. NDA for Legal action.

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