Dunzo
Financial Performance
Dunzo Revenue & Financials
Revenue
$27.5M (FY2023)
What is Dunzo's revenue?
Dunzo had $27.5M in revenue for fiscal year 2023.
- Latest revenue
- $27.5M (FY2023)
- Years of data
- 3
Financial Analysis
Dunzo raised about $450 million from investors including Google, Reliance Retail, Lightrock, Lightbox, 3L Capital and Blume Ventures. The January 2022 $240 million round, led by Reliance Retail's roughly $200 million for a 25.8% stake, valued the company at about $775 million. Revenue from operations grew more than fourfold to ~$26.3 million (₹226.6 crore) in FY23, but losses grew nearly fourfold to ~$209 million (₹1,801.8 crore), and auditor Deloitte flagged going-concern doubts. Without new funding, Dunzo delayed salaries, cut staff, defaulted on vendor dues and faced insolvency petitions. Reliance wrote off its ~$191 million (₹1,645 crore) investment in its FY25 annual report. Dunzo was once a highly valued quick-commerce pioneer in India (valued around $775 million), but it has since faced severe financial struggles, massive down rounds, and valuation markdowns.
Revenue Trend Analysis
Trend
Not enough comparable years
Dunzo has 3 full fiscal year figures on this page. Of 1 comparable year-over-year step, 1 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2023 | $27.5M | — | — | Registrar of Companies filing via The Economic Times FY23 (year ended March 31, 2023) revenue from operations of ~$26.3 million (₹226.6 crore), converted at roughly ₹82 per USD. Net loss ~$209 million (₹1,801.8 crore). |
| FY2022 | ~$6.3M | -~$53.8M | +116.3% | Ministry of Corporate Affairs filing via Business Standard Revenue from operations and net loss for the fiscal year ended 31 March 2022. |
| FY2021 | ~$2.9M | -~$26.6M | — | Ministry of Corporate Affairs filing via Business Standard Revenue from operations and net loss for the fiscal year ended 31 March 2021. |
Click any row to see year details.
Keep researching Dunzo
Dunzo Revenue and Financial FAQ
What was Dunzo's revenue in FY23?
~$26.3 million (₹226.6 crore) from operations, more than four times FY22.
How much did Dunzo lose?
Dunzo's net loss was ~$209 million (₹1,801.8 crore) in FY23, up from about $53.8 million (₹464 crore) in FY22. Auditor Deloitte raised going-concern doubts.
How much funding did Dunzo raise?
About $450 million in total. Its January 2022 $240 million round valued it at about $775 million.
Did Reliance lose its money in Dunzo?
Yes. Reliance Retail wrote off its entire ~$191 million (₹1,645 crore) investment, as disclosed in its FY25 annual report in August 2025.
Is Dunzo going bankrupt?
As of 2023-2024, Dunzo suffered a catastrophic financial meltdown. Despite raising massive capital from Reliance Retail and Google, they aggressively burned cash on heavy discounts. They eventually failed to pay employee salaries, laid off massive portions of their staff, and effectively shut down their B2C consumer app.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Dunzo Revenue & Financials." CorpDigest, https://corpdigest.com/company/dunzo/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Dunzo reported $27.5M in revenue (FY2023).</strong><br>Source: <a href="https://corpdigest.com/company/dunzo/financials" target="_blank" rel="noopener">CorpDigest — Dunzo financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Dunzo
Core profile pages, founders and related research hubs for this company.