Reliance-backed Dunzo co-founder Dalvir Suri exits amid financial struggles

Mukesh Ambani's Reliance-backed Dunzo, which is currently battling with financial constraints, co-founder Dalvir Suri has exited the delivery startup.

The startup would also undergo an organisation-wide restructuring from this quarter.

Dalvir Suri's departure occurs amidst Dunzo's ongoing struggle with financial challenges, as it also finds difficulty in securing sufficient capital to maintain its operations.

Previously, reports suggested that Dunzo was in the process of raising $25-30 million in funding from investors, including Reliance Industries.

Suri joined as the co-founder in the early days of Dunzo. According to a report by ET, in recent weeks, Suri has been involved with Dunzo's business-to-business delivery arm, Dunzo Merchant Services (DMS).