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Chintan Udani

Stealth • 1m

Dunzo, a Bengaluru-based hyperlocal delivery startup founded in 2014, has been pivotal in India's quick commerce sector, offering on-demand delivery services for groceries, medicines, and other essentials. The company secured significant investments from major entities, including Google and Reliance Retail, the latter acquiring a 25.8% stake in January 2022. Despite a valuation of $744 million in 2022, Dunzo is currently facing financial challenges, with debts and liabilities around ₹600 crore. Reports suggest the company is seeking a distress sale to address these issues. The quick commerce sector in India has grown rapidly, becoming a $3 billion market in 2023 and projected to reach $40 billion by the end of the decade. However, intense competition from players like Blinkit, Swiggy, and Zepto has made sustainability challenging. Dunzo is now to be sold! what do you think, Will dunzo survive this economic crisis?

Yes

Votes: 38

0 replies10 likes

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Anonymous

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Flipkart is set to enter in quick commerce sector, so how do I contact Flipkart for some queries regarding quick commerce sector.

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India's quick commerce industry to grow 15x, reach $5.5 bn by 2025: RedSeer The report states that the quick commerce sector in India currently with a market size of $700 million is likely to grow 15x to reach $5.5 billion market value by 2025.

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Zepto, an instant grocery delivery startup, is set to raise $650 million from existing and new investors at a valuation of $3.5 billion. This significant fundraise underscores the high interest in India's booming quick commerce sector

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Mahendra Lochhab

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The quick commerce market size is expected to reach USD 40 billion by 2030, a jump from USD 6.1 billion in 2024, according to the report by Datum Intelligence.

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Anonymous

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What is the future of Quick commers business? Starting a startup in a quick commerce is good? Because I have a great idea in quick commerce.

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Abhitej

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what sector is gonna the next big thing in the startup ecosystem in india once this quick commerce hype cools down? thoughts?

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Saksham Pandey

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Quick commerce is going to make Zomato 100 billion dollar company

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Delhivery's Dark Store Revolution in Quick Commerce! How is India's logistics giant shaking up the quick commerce game? 👀 Here's the scoop on Delhivery's bold new strategy: → New Offering: Dark stores for quick commerce companies → Unique Approa