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Aarihant Aaryan

Stealth • 9m

It took 2/3 years for quick commerce players to get to their first 2000 crore in revenue, and Big Basket took 5/6 years to reach there. Dmart took around 9/10 years to reach revenue of 2000 crore. Zepto & Blinkit are on their way to do 2x in reve

Ghost

Stealth • 9m

Why is dunzo out of the equation? Not mentioned anywhere in the discourse.

Trideep Hazra

Stealth • 9m

Actually nobody is counting on Dunzo anymore, it seems to be a failed one.

Ghost

Stealth • 9m

227 cr in rev of dunzo in fy 23.

1 replies

Replies (1)

Trideep Hazra

Stealth • 9m

Yes sure, but failed in many aspects of the market. It ks returning to Hyperlocal business from quick commerce, the first the 4 of the above list have the most of the market share with dunzo < 1%. It shut down all it's dark store except Bangalore, 3 months back they had only 5 months money to operate with reliance resisting them to raise any further funding, 2 of it's founders quitted. In short, in quick commerce it's business is shut for now. But obviously remains a chance for the future as they got a huge customer base previously. Hope I can make you aware why I wrote those.

1 replies1 like

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Mahendra Lochhab

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Anonymous

Stealth • 10m

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Arcane

Stealth • 4m

The Indian Luxury Market achieved something interesting in FY 23. (see image below) I've always been curious - why do the rich invest a substantial amount in art pieces? Is it because of their love for art or is there some other reason?

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Anonymous

Stealth • 9m

End of Dunzo?

8 replies23 likes

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Mahendra Lochhab

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The IT industry in India grew at its fastest rate in a decade during the COVID-19 pandemic, generating $227 billion in revenue in 2022.

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Stealth • 3m

Digital payments are growing: In FY 2023-24, digital payments in India were valued at Rs. 2,428 lakh crores, up from Rs. 1,370 lakh crores in FY 2017-18.