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A company is typically considered a going concern if it has sufficient resources to continue to operate indefinitely and to avoid any potential bankruptcy risks. This is not, however, the case with Dunzo. ....
Mukesh Ambani backed company we are talking about is the cash-strapped quick-grocery delivery provider Dunzo. As per a report by Moneycontrol, Dunzo’s head of finance Sudarshan N. has left the company. ....
Ecommerce discounts and promotional offers came down on the third day of the biggest annual online festive sales, as brands and online sellers over achieved their targets in sales by value compared to the year-ago period. This and more in todays ETtech Morning Dispatch. ....
Dunzo is seeking approval to raise $35 million via a rights issue, but some of its investors feel the cash-strapped startups valuation be slashed to about $200 million for the financing to happen. This and more in todays ETtech Morning Dispatch. ....