Dunzo Conducts Third Round of Layoffs in 2023 Due to Cash Problems

  • Dunzo has reportedly laid off approximately 20-25% of its employees amid financial crisis.
  • Company has had issues with unpaid dues and employee taxes, forcing salary postponements and layoffs.
  • Despite raising $475 million to date from industry heavyweights, Dunzo’s losses doubled to Rs 464 crore in FY22 from Rs 229 crore in FY21.
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