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Dunzo tells staff June-July salaries will be further delayed

Economic Times · 1y

Dunzo, a quick commerce company backed by Reliance Retail, has informed employees about further salary delays for June and July due to a worsening cash crunch. Employees were promised on-time salaries for August in early September. The company has faced difficulty securing new financing due to differing valuations among investors. It has previously delayed salary components and has struggled to maintain its dark stores amid delayed payments to workers. Dunzo is also dealing with legal notices from Google India, Facebook India Online Services, and others over pending vendor payments.