Dunzo Secures $75 Million in Funding, Lays Off 30 Percent of Its Staff as Part of Business Revamp: Report

Indian online delivery platform Dunzo has secured funding of $75 million (roughly Rs. 614 crores) through convertible notes and is laying off about 30 percent of its staff as it plans a revamp of its business model, the Economic Times reported on Thursday. The layoffs, which will affect over 300 workers, are part of a rejig … Read more