Dunzo Digital Pvt Ltd, the Reliance and Google-backed fast commerce startup, has pushed pending worker wage funds of June and July to October, in response to an individual aware of the event.
The cash-strapped startup has been making an attempt to boost atleast $75 million to upto $150 million in recent capital from present and new buyers, Mint reported earlier this month.
The corporate instructed staff on August 30 that it must push pending wage funds by yet another month to October, the particular person cited above mentioned.
‘August salaries can be paid as common in September. However staff have been instructed that July salaries can be paid in October. Round 15% of the staff had not acquired salaries for June, which may even be paid in October,” an individual briefed on the matter, who has seen the e-mail, mentioned.
Dunzo had earlier promised to pay salaries for the months of June, July and August by the September 4.
The agency pays pending salaries with an curiosity of 12%, it instructed staff.
The e-mail to staff additionally mentioned that Dunzo has made progress on its fundraising and expects the spherical to be raised by September, the particular person cited above added.
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Up to date: 31 Aug 2023, 01:17 AM IST
Supply: Live Mint