The retrenchments also come as Dunzo secured $75 Mn through convertible notes
Dunzo founder and CEO Kabeer Biswas told employees in a town hall about the layoffs on Wednesday
Following the layoffs, the quick commerce startup will shut down 50% of its dark stores
Quick commerce unicorn Dunzo went for another round of layoffs within three months as it fired 30% of its employees ahead of a business model shift. Reportedly, the number of impacted employees comes to around 300.
The retrenchments come after Dunzo fired about 3% of its staff in January.