The fresh delay, this time by around four months, comes even as Dunzo is lining up funds. In the past the company had delayed payouts only by a few weeks.
A day after Dalvir Suri, co-founder of Dunzo, quit the startup, it was reported Mukund Jha, co-founder and chief technology officer, has also left the on-demand delivery startup.
CaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulations. The omnichannel retailer has challenged a show-cause notice issued by the investigative authority, sources tell us. This and more in todays Morning Dispatch.