Search Results for: Dunzo

Flipkart To Roll Out Same Day Delivery In 20 Cities From February

Flipkart makes strategic leap into quick-commerce; set to fulfil instant order fulfilment [see how]

Flipkart's foray into quick-commerce and the potential acquisition of Dunzo are expected to reshape the Indian e-commerce landscape by driving competition, innovation, and changes in consumer behavior, while also influencing the broader retail and logistics sectors.

Mar 7, 2024

Future Too Fragile? More than 4.25 lakh techies lost jobs in last 2 yrs or 24 workers per hour

As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021 and 2022 festive seasons amid the global meltdown and started layoffs only in the first month of the New Year).

Dec 26, 2023

Dunzo faces severe cash-crunch amid acquisition rumours; delays 50% salary of workers [details]

Homegrown quick-grocery delivery provider Dunzo has delayed 50 per cent salary of some employees, media reports said.

Jul 10, 2023

Uber asks Delhi govt to create level-playing field for bike taxi platforms

Ride-hailing major Uber on Friday asked the Delhi government to create a level-playing field for two-wheeler mobility rides for commuters.

Feb 24, 2023

Should India layoff unproductive civil servants?

Over 1,600 tech employees being fired a day on average in Jan

More than 1,600 tech employees are being laid off per day on average in 2023 globally, including in India, and the sacking episodes have gained speed amid global economic meltdown and recession fears

Jan 17, 2023

Ola, Uber, Dunzo worst platforms in providing fair work for gig workers: Report

When it comes to fair work for gig workers among the digital platform economy in India, Ola, Uber and quick-grocery delivery provider Dunzo are the worst performers across parameters related to the working conditions of gig workers, a report showed on Tuesday

Dec 27, 2022

Homegrown VC firm Blume Ventures closes its 4th fund at over $250 mn

Unacademy, Zomato-backer Blume Ventures raises over $250 million; its largest-ever fund [details]

Homegrown venture fund Blume Ventures, which focuses on early-stage technology-led startups, on Wednesday announced it has closed its Fund IV at over $250 million, bringing the firms asset under management (AUM) to over $600 million.

Dec 7, 2022

Gold and foreign currency worth total Rs.8-crore seized

Customs Department seized gold, foreign currency worth Rs 8 cr at Mumbai Airport in 24 hrs

In its continued crackdown on smuggling, the Customs Department seized 15 kgs gold and foreign currencies of Rs 22 lakh in 24 hours, for which seven passengers have been arrested, an official said here on Thursday.

Oct 13, 2022

Drug peddling gang operating in metro cities busted; K'taka police seize Rs 2cr drug substances

The Karnataka police on Tuesday claimed to have busted a drug peddling gang which procured and supplied drugs at the clients' doorsteps by using dark net, crypto currency and messenger applications such as Instagram, Telegram in the metro cities.

Aug 2, 2022

Mother tries to smuggle drugs for son in Parappana Agrahara prison, arrested

Her son was arrested by the Konanakunte police in Bengaluru in connection with a robbery case in 2020

Jun 17, 2022

Restaurants' body moves CCI against Zomato, Swiggy

10-minute food delivery at what cost; Zomato, Swiggy get reality check in Chennai [details]

In just one day, the Chennai traffic police registered 978 cases, with fines amounting to Rs 1,35,400. All of these cases were registered against riders working for online delivery platforms like Swiggy, Zomato and others.

Apr 2, 2022

Swiggy becomes fifth Indian decacron; valued at $10.7 billion after raising $700mn [details]

With this funding, Swiggy also surpassed the valuation of its closest rival Zomato that saw its stock hammered and closing at Rs 90.95 on Monday, shrinking its market cap to below $10 billion.

Jan 24, 2022

National Startup Awards for 46 startups

A total of 46 startups have been recognised as winners of National Startup Awards 2021 along with 1 incubator and 1 accelerator, officials said on Saturday.

Jan 16, 2022

Equities gain for fourth straight session; Sensex up over 500 pts [details]

On Wednesday, the Sensex and Nifty settled at 61,150 points and 18,212 points, traded in the green for the fourth consecutive session.

Jan 12, 2022

Reliance Retail buys 25% stake in Dunzo; invests $200mn delivery startup [details]

The extra funds will be used to extend Dunzo's quick commerce operations from seven to fifteen cities.

Jan 7, 2022

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