Dunzo Delays Employee Salaries Amid Fundraising Efforts

  • Dunzo, reliant on new funding, is postponing a month’s employee salaries and intends to clear remaining dues in September.
  • The Indian startup, valued at $757 million, is aiming to secure an additional $20-25 million after low support in recent financing rounds.
  • Amid struggles, Dunzo has closed over half its warehouses and is focusing on its business-to-business offering.
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