3 insights to kick-start your day, featuring a lifeline for Dunzo
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Synopsis
In Primeshots today: Existing investors rescue Dunzo; antibiotic misuse strengthens bugs; and J&K lithium auction soon.
Dunzo gets a breather In the news. Embattled quick-commerce company Dunzo is set to get a lifeline from existing investors, according to reports. Inside the news. Dunzo’s existing investors Reliance Retail, Google, and Lightrock are said to be planning a USD30 million infusion into the startup. The new funds will likely be used to pay employees, whose salaries have been pending for the last few months. But Dunzo will need a longer rope soon to
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