Cash-strapped Dunzo continues to receive legal notices from its vendors asking the company to pay up dues.
According to Moneycontrol, Dunzo has received legal notices from seven vendors including Google India, Nilenso, Clover Ventures, Facebook India Online Services Private Limited (FBI), Cupshup, Koo and Glance since March. The quick-commerce startup owes around INR 11.4 Cr to these companies.
The development comes at a time when Dunzo, once a leading player in India’s quick-commerce space, is struggling to raise fresh funds.
Dunzo defers employee salaries for June, July till September
Bengaluru-based quick commerce startup Dunzo has deferred salary payouts for its employees again, according to sources.
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An internal mail was shared with employees in which the cash-strapped logistics firm, previously backed by Google and Reliance Retail, has stated that the remaining salary for June and July would be paid with the August salary payout, in the first week of September, sources said.
The company did not immediately comment on the development.
Dunzo had previously delayed salaries of half of its 1000-strong workforce till July 20, impacting their top management the most.
In April this year, the company had raised USD 75 million (around Rs 616 crore) and also fired about 400 employees in the first half of this year as part of cost-cutting measures.