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The corporate had beforehand given up its workplace in Bengaluru and minimize its headcount by half to chop prices.
Struggling quick-commerce startup Dunzo has migrated all of its staff’ accounts to Google’s Zoho Workspace, slicing prices by a minimum of a 3rd.
Google Workspace prices round Rs 1,600 per consumer per 30 days below the enterprise plan, whereas Zoho prices a fraction of that at Rs 489 for comparable choices.
A Dunzo spokesperson commented: “This migration is only a regular enterprise choice. There have been some preliminary points within the first couple of days, however all of those points have now been resolved.”
The corporate’s auditor Deloitte throughout a regulatory submitting forged doubt on the corporate being a going concern after the web loss swelled to Rs 1,802 crore in FY23, representing a 288 per cent improve over the earlier 12 months.
In accounting phrases, entities working as a going concern have ample sources to proceed earning money and won’t go bankrupt within the foreseeable future.
After the exit of a Reliance government from its board and the departure of co-founder Dalveer Suri and others, there have been constant and sturdy efforts to regular the ship.
The corporate had beforehand deserted its workplace in Bengaluru, minimize its headcount by half, and postponed salaries for a number of months, resulting in staff leaving as properly.
(Solely the title and picture of this report could have been reworked by Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)
First printed: November 20, 2023 | 5:03 pm he
(tags for translation)Dunzo