India: Cash-strapped Dunzo approaches Catamaran, other family offices for fresh funding

India: Cash-strapped Dunzo approaches Catamaran, other family offices for fresh funding

Cash-strapped Indian hyperlocal delivery startup Dunzo, which has delayed salaries of its employees and has received legal notices from a slew of its vendors for outstanding dues, is desperately reaching out to investors to raise capital. This includes both institutional VCs and family offices, said sources.

Edited by: Joymitra Rai