Dunzo defers salary payments to September

[Bilgin]

Dunzo defers salary payments to September Quick commerce startup Dunzo, backed by Reliance Industries and Google, has delayed salary payouts for the second time in two weeks due to a cash crunch. The company had previously capped payouts at INR 75,000 ($1,007) for higher earners, but now plans to pay all outstanding salaries by 4 September. Around 40-45% of Dunzo's workforce has been affected by the salary caps. The company is reportedly in the process of raising $50m from new investors.