Dunzo informed its employees on Wednesday that it would not be able to meet the postponed deadline for their monthly wages as trouble mounts at the hyperlocal delivery startup that expended over $150 million in the last 18 months trying, unsuccessfully, to emulate the model of its younger competitor, Zepto.
The Bengaluru-headquartered startup, backed by Google and Reliance Retail, informed its employees that their outstanding salaries will now be disbursed in the first week of October instead of the previously scheduled date of September 4.
“Ensuring that you receive your due compensation as early as possible is our top priority. Please be assured that we are doing everything to make this happen, and we are confident that there will be no further delays after this,” the company wrote in an email. …
