Dunzo’s funding faces roadblocks: CEO urges employees with outstanding dues not to initiate legal steps
Reliance Retail-backed Dunzo’s efforts to secure funding and settle outstanding employee dues, is facing some roadblocks, according to the company’s internal communications reviewed by FE. The hyperlocal delivery startup, which has been facing financial challenges for months, informed its staff on Monday that it is facing difficulties in accessing promised funds.
In an email to employees, Dunzo’s payroll team stated, “We are facing some roadblocks in getting access to the funds. This was an unexpected turn of events at the last moment leading to further delay in getting funds”.