Things appear to be going from bad to worse for Dunzo. On July 20, reports emerged that the Bengaluru-based startup had been served with legal notices by Facebook, Google, and software consultancy firm Nilenso for non-payment of dues running into crores of rupees. Google, incidentally, is also Dunzo’s second-largest backer.
The beleaguered Dunzo has also begun a fresh round of layoffs, trimming its workforce by 30-40%. This is the third round of layoffs at the company this year, with about 400 employees receiving pink slips in the previous two rounds.
In addition, access 50+ archived articles and 3 new articles every month
Sign In
Got a tip? If you have a lead we should be chasing at The CapTable, write to us at tips@the-captable.com
Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds
Blume Ventures
The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.
Convinced that The Captable stories and insights
will give you the edge?
Convinced that The Captable stories
and insights will give you the edge?
Subscribe Now
Sign Up Now
