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Dunzo defers salary payments to September

Quick commerce startup Dunzo, backed by Reliance Industries and Google, has delayed salary payouts for the second time in two weeks due to a cash crunch. The company had previously capped payouts at INR 75,000 ($1,007) for higher earners, but now plans to pay all outstanding salaries by 4 September. Around 40-45% of Dunzos workforce has been affected by the salary caps. The company is reportedly in the process of raising $50m from new investors.
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