Dunzo lays off 30% of its workforce while securing $75 million funding: Reports
The layoff plan is aimed at helping Dunzo turn a profit before its planned IPO.
Dunzo has announced that it will cut its workforce by 30%, resulting in almost 300 layoffs. The grocery delivery platform has also secured funding worth $75 million, with Google and Reliance Industries believed to be among the investors, as per media reports. Livemint could not independently verify the development.