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Vijay rathore

Stealth • 9m

3/25 Failed food startups journey Hello, everyone here is the thread of failed startups after enormous success 📈 In 2014, a trio of ambitious entrepreneurs - Shashaank Singhal, Sudheer Grover, and Monica Rastogi - kickstarted Dazo, initially known as Tapcibo. Their goal? To simplify food delivery for busy urbanites across India. The idea was simple yet powerful: let people order from their favorite local restaurants with just a few taps on their phones. Their vision caught the eye of investors like Google's Rajan Anandan and Amazon's Diego Piacentini, who saw the potential in Dazo's innovative approach. With funding in hand, Dazo hit the ground running, offering a diverse array of cuisines delivered right to customers' doorsteps.

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Vijay rathore

Stealth • 9m

The startup quickly gained traction, thanks to its user-friendly app and speedy delivery services. But despite its early success, Dazo faced hurdles along the way. Operational challenges, soaring customer acquisition costs, and fierce competition from industry giants like Swiggy and Zomato put immense pressure on the startup. Despite efforts to pivot and refine its strategies, Dazo struggled to stay afloat. In 2016, the inevitable happened: the startup announced its closure. The decision was a tough pill to swallow, but mounting challenges made it increasingly difficult to keep the business running. Following Dazo's closure, the founders and team members moved on to new ventures, while others found opportunities elsewhere in the startup world. Though Dazo's journey came to an end, its story serves as a reminder of the highs and lows of entrepreneurship in the ever-evolving landscape of food delivery startups.

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