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 […]
Reliance Retail
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Back to news homeIndia’s Dunzo defers staff pay, to cut jobs amid funding search
Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and plans a new wave of layoff as the Google and Reliance Retail-backed startup pares its […]
Reliance JioMart to cut 11,000 jobs, report says
JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, […]
This Week in Apps: Twitter’s edit button, BeReal clones, Trump’s Truth Social gets blocked
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached […]
Reliance Retail acquires majority stake in D2C brand Clovia for $125 million
Mukesh Ambani-controlled Reliance Retail said on Sunday evening it is acquiring a majority stake of 89% in direct-to-consumer brand Clovia for $125 million as the largest Indian retail chain looks […]
Future Retail, Amazon’s estranged partner in India, scales down operations
Future Retail, India’s second largest retail chain, is scaling down its operations to reduce losses, it said, the latest casualty in its years-long battle with estranged partner Amazon. The firm, […]
Forget winning, can Amazon survive in India?
During a visit to India in 2014, Amazon chief executive Jeff Bezos made a splashy announcement: His firm was investing $2 billion in the South Asian nation, just a year […]
Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon
Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 […]
Jumbotail raises $14.2 million for its wholesale marketplace in India
Jumbotail, an online wholesale marketplace for grocery and food items, said on Friday it has raised an additional $14.2 million as the Bangalore-based startup chases the opportunity to digitize neighborhood […]
Reliance Retail buys Urban Ladder for $24.4 million
Reliance Retail has acquired a majority stake in furniture and decor platform Urban Ladder, making a broader push into e-commerce as the largest retail chain in India gears up to […]