Highlights

  • Cash-strapped Dunzo receives legal notices from its vendors asking the company to pay up dues
  • Dunzo defers employee salaries for June, July till September: sources

Latest news

Asus Pad T3201 Review: OLED Brilliance Meets Everyday Mid-Range Power

Asus Pad T3201 Review: OLED Brilliance Meets Everyday Mid-Range Power

Qualcomm Showcases Snapdragon 8 Elite Gen 6 Chips At IMC 2026, Teases New Flagships

Qualcomm Showcases Snapdragon 8 Elite Gen 6 Chips At IMC 2026, Teases New Flagships

Shokz Diwali Sale Brings Discounts On Open-Ear Headphones Across Amazon And Flipkart

Shokz Diwali Sale Brings Discounts On Open-Ear Headphones Across Amazon And Flipkart

iQOO 16 Confirmed For India With Snapdragon 8 Elite Extreme Gen 6 And OriginOS 7

iQOO 16 Confirmed For India With Snapdragon 8 Elite Extreme Gen 6 And OriginOS 7

ASUS Announces Festive Discounts Across Laptops, Gaming PCs And Tablets

ASUS Announces Festive Discounts Across Laptops, Gaming PCs And Tablets

Priyanka Gandhi lies on ground, Rahul detained as Delhi Police stop INDIA bloc MPs' Jantar Mantar march

Priyanka Gandhi lies on ground, Rahul detained as Delhi Police stop INDIA bloc MPs' Jantar Mantar march

Emotion, tears as Messi retires from Argentina national team

Emotion, tears as Messi retires from Argentina national team

Rajpal Yadav tells CJI Surya Kant his legal troubles inspired film title ‘Solah Sawan Jhel Ke’

Rajpal Yadav tells CJI Surya Kant his legal troubles inspired film title ‘Solah Sawan Jhel Ke’

Dunzo crisis: Receives legal notices from 7 firms, ₹11.4-cr dues: Report

The vendors include Google India (to which Dunzo owes the most at ₹3.13 crore), Nilenso, Clover Ventures, Facebook India Online Services, Cupshup, Koo and Glance

Dunzo crisis: Receives legal notices from 7 firms, ₹11.4-cr dues: Report

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.

Also read/watch| Cage fight between Elon Musk & Mark Zuckerberg: Fans worried about Musk as Zuckerberg earns blue belt

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.

Frequently Asked Questions

Dunzo has received legal notices from seven vendors.

ADVERTISEMENT

Up Next

Dunzo crisis: Receives legal notices from 7 firms, ₹11.4-cr dues: Report

Dunzo crisis: Receives legal notices from 7 firms, ₹11.4-cr dues: Report

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

GST rates likely unchanged as 57th Council meeting focuses on reforms

GST rates likely unchanged as 57th Council meeting focuses on reforms

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery

ADVERTISEMENT

editorji-whatsApp

More videos

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex, Nifty End Higher As Domestic Growth Signals, Softer Crude Support Sentiment

Sensex, Nifty End Higher As Domestic Growth Signals, Softer Crude Support Sentiment

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.