dunzo

This represents the third-largest investor's exit from the company's board of directors, after Reliance Retail and Google, which exited the board of the quick commerce firm last year.

In April this year, Dunzo had laid off 30% of its staff after securing $75 million funding from Reliance Retail, Google, and other investors

2021 has proved the importance of building sustainable businesses on solid foundations and we're deploying investment capital with a closer alignment of purpose and profit going forward: Sandeep Murthy

Customers can avail the company's products through the hyperlocal service in under an hour of ordering.