The hyperlocal delivery startup has also been late in depositing TDS from salaries, even as it delays salaries to September.
In a company town hall meeting earlier in July, Dunzo co-founder and CEO Kabeer Biswas informed his staff that only partial salaries for the previous month had been paid for many employees. There was a promise that the amounts would be credited by mid-July and that this delay was just a minor hiccup. Biswas painted a fairly rosy picture. He went on to tell his team that Dunzo had achieved its targets for the first half of the year and it would tide through these problems.
Obviously, that hasn’t turned out to be the case. The past few days have …
Harveen is a co-founder at The Morning Context, and leads our Internet coverage. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.
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Dubai
Pranav is a co-founder at The Morning Context and used to lead the edit team here. He has previously worked as a writer and editor at The Ken and Mint, where he worked on business news from tech to banking to deals. At The Morning Context, he helps manage editorial operations, edits and commissions long-form stories, and writes at the intersections of technology, business and finance.
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Bengaluru