Hyperlocal delivery and quick commerce brand  Dunzo  on Monday announced its financial results for FY22, stating its overall business scaled by 94% during the This was fuelled by the launch ...

Dunzo company will continue to operate, but has shrunk in scale, with hardly any presence in quick commerce or even courier deliveries. “Nothing much is left there really, so it will survive as is.

Dunzo CEO and Founder Kabeer Biswas had said that the company is making organisation-wide changes in restructuring its business. In its third round of layoffs, in July, it fired about 200 employees.

Even after raising nearly $500 Mn, Dunzo’s future comes down to the question: can the company raise more funds in today's funding environment?

Dunzo Daily, the quick commerce arm of Reliance Retail-backed Dunzo, now accounts for 60% of the company’s total business, the company said on Monday. It claims to deliver its q-commerce orders ...