Dunzo is negotiating new borrowing arrangements with investors.

Dunzo is negotiating new borrowing arrangements with investors.

According to The Economic Times, Dunzo has talked with debt investors about restructuring the terms of the financing so that the rapid commerce startup can use part of the cash that is currently in the bank.

According to reports, Dunzo plans to use the money to pay off outstanding vendor debt and personnel payroll arrears. A Dunzo representative stated, "The information on the debt restructuring is inaccurate."

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