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Flipkart held talks with Zepto for a potential deal but the discussions fell through. Zepto is now seeking funding from financial investors after the failed acquisition talks with Flipkart. Learn more about the latest developments in the ecommerce sector.
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 Dunzo's workforce has been affected by the salary caps. The company is reportedly in the process of raising $50m from new investors.