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Transforming these Dunzos expenses to exceed the funding.

Writer: RISHI KORDERISHI KORDE

Updated: Dec 29, 2023




In the fiscal year 2023, Dunzo experienced a substantial 4X increase in losses, reaching INR 1,801 Cr, while its operating revenue remained modest at INR 226.6 Cr. With minimal growth in revenue, the startup's heavy dependence on external funding becomes evident. Dunzo managed to generate only around 10% of its total expenses, and despite having utilized all the venture capital it raised, the 8x loss-to-revenue ratio underscores the severity of the cash crunch. This dire financial situation has left the company unable to compensate employees since July of this year.


 
 
 

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