How Dunzo Lost Its Edge - inc42.com
5 days ago · For years, Dunzo was considered a verb for hyperlocal deliveries, but today, it’s a mere shell of its former self. November 2024: it was a cool evening in Delhi, when the general partner of a ...
Dunzo goes offline as investors, co-founder depart | YourStory
Jan 14, 2025 · Hyperlocal delivery service Dunzo’s app and website have gone offline days after news broke that its co-founder and CEO Kabeer Biswas has joined Flipkart to work on its quick commerce offering ...
Dunzo Shuts Down Operations Following CEO’s Exit Amid …
Jan 16, 2025 · Reliance Retail holds a 26 percent stake in Dunzo, while Google owns 20 percent. In 2023, PhonePe reportedly offered to invest in Dunzo’s merchant network business, but the deal was declined due to concerns from Dunzo's investors about PhonePe's parent company, Walmart, and a reluctance to part with the Dunzo brand.
Dunzo goes offline after cofounder Kabeer Biswas joins Flipkart
Jan 15, 2025 · Dunzo had raised over $450 million, including $200 million from Reliance Retail in January 2022. However, it was facing constant financial difficulties and had drastically reduced its operations.
Dunzo: Dunzo’s demise: How the Reliance-backed hyperlocal …
Jan 9, 2025 · Dunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Biswas has joined Flipkart. Despite substantial investments and aggressive strategies, the company struggled with cash flow issues and mounting losses.
Dunzo on the brink: CEO’s exit, buyout talks and mounting losses
Jan 3, 2025 · Bengaluru-based quick-commerce start-up Dunzo finds itself in a precarious position with its co-founder and CEO, Kabeer Biswas, discussing the possibility of stepping down with investors.
Dunzo services go down as co-founder Kabeer Biswas joins …
Jan 15, 2025 · Dunzo, a hyperlocal delivery platform backed by Reliance, went offline following the departure of its CEO, Kabeer Biswas, to Flipkart. Despite significant funding, Dunzo faced financial ...
Dunzo update: App, website of once leading hyperlocal startup …
Jan 14, 2025 · Reliance Retail held nearly 26 per cent stake while Google had a 20 per cent stake in Dunzo. (Image@DunzoIt-X) Hyperlocal supermarket and grocery startup Dunzo, which has been struggling to ...
Dunzo co-founder Biswas to exit the company - Industry News
Jan 3, 2025 · Dunzo co-founder and CEO Kabeer Biswas is set to exit the troubled hyperlocal delivery startup, according to a report in Moneycontrol. Biswas is exiting the firm after a decade-long stint, marking ...
End of an era: Dunzo co-founder Kabeer Biswas to quit
Jan 2, 2025 · While it pioneered the hyperlocal commerce space, excessive cash burn and a competitive market took a toll. Kabeer Biswas, co-founder and CEO of Dunzo, is set to move on after spending over a...