- Quick commerce platform Dunzo’s revenue increased fourfold to Rs 226 crore in FY23, but rising expenses led to a loss of Rs 1,800 crore.
- Major costs included runner contact fees, employee benefits, and significant investments in dark stores, advertising, and manpower.
- Despite a $240 million funding round led by Reliance in FY22, Dunzo is still seeking fresh funding and may face a valuation drop from $800 million to $200 million.
Menu
