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Dunzo holds talks with debt investors to rejig credit terms, Retail News, ET Retail

Dunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors. In June, JioMart, the biggest customer of Dunzo’s B2B arm Dunzo Merchant Services (DMS), cut the prices it paid for last-mile deliveries made by bikes.
Dunzo Merchant Services Reliance Retail Dunzo Daily Quick Commerce Jiomart Express Dunzo Daily

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Piyush Goyal Ecommerce Executives: Commerce minister Piyush Goyal may meet top ecommerce executives on Wednesday, ET Retail

Piyush Goyal Ecommerce Executives: The department of consumer affairs recently sought data from online grocers and quick commerce companies to understand their business models.
Piyush Goyal Goyalthe Piyush Goyal Department For Promotion Of Industry National Ecommerce Network For Digital Commerce Amazon Transportation Services

Dunzo slapped with legal notices from seven companies over pending dues

From around March this year, Dunzo has received a legal notice from at least seven entities which include Google India, Nilenso, Clover Ventures, Facebook, Cupshup, Koo and Glance. In all, these total to about Rs 11.4 crore, nearly double of Rs 5-6 crore that was estimated earlier.
Facebook India Online Services Private Limited Outlier Innovations Private Google India Clover Ventures Outlier Innovations Private Limited Reliance Retail

Quick Commerce: Indians are the most impatient online shoppers in the world, shows report, ET Retail

Quick Commerce: With such a high percentage of shopping online, there is even more pressure to make the experiences good. In fact, 72% consumers, highest globally, said they will not shop with retailers, brands or marketplaces which do not match up to their expectations, according to Wunderman Thompson.
Chirag Taneja Aadit Palicha Wunderman Thompson Swiggy Instamart Representative Image Representative Imageindians

Dunzo's fall from grace: From a first-mover in 2014 to struggle for survival in 2023

It was a task-running service that initially operated on WhatsApp, and found quick loyalists in Bengaluru nine years ago. Now employees are telling the management, ‘give us one reason why we should work here?’ It’s a story of flawed cash management, valuation and transparency issues, and more.
Mukund Jha Kabeer Biswas Dalvir Suri Mukund Jha Quick Commerce

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