Dunzo Spent INR 9 To Earn A Single Rupee From Operations In FY23

Reliance-backed troubled quick commerce startup Dunzo’s loss nearly quadrupled in the financial year ended March 31, 2023. The Bengaluru-based hyperlocal delivery startup’s loss surged to INR 1,801 Cr in the financial year 2022-23 (FY23) from INR 464 Cr in the previous fiscal year. The Reliance-backed troubled startup’s total expenses ballooned 286% to INR 2,054.4 Cr in FY23