Back

Chintan Udani

I'm a pro medialist • 6m

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?

Reply
1
10

More like this

Recommendations from Medial

Image Description
Image Description

Inactive

AprameyaAI • 1y

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

13 Replies
19
Image Description
Image Description

Niket Raj Dwivedi

 • 

Medial • 1y

Funding Fast Lane: Navigating the Quick Commerce Revolution with Dunzo, Zepto, and More. Read our first detailed blog in the e-commerce space.

3 Replies
18
Image Description

Mahendra Lochhab

Content creator • 2m

Why is Reliance entering quick commerce? (A thread 🧵) Big brands are chasing 10-minute deliveries. Now Reliance has jumped into the race too. Cc: Marketing Mind Reliance Retail's Quick Commerce Growth Reliance Retail saw a 2.4x rise in orders for

See More
1 Reply
3
16
Image Description
Image Description

gray man

I'm just a normal gu... • 4m

Tata Sons wants BigBasket to secure up to $1 billion in external funding to reclaim its lost ground in India's quick commerce sector. The grocery delivery platform, owned by Tata Digital, has lagged behind Blinkit, Zepto, and Swiggy Instamart. Ta

See More
2 Replies
2
10
Image Description

Inactive

AprameyaAI • 11m

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

See More
1 Reply
2
8
Image Description
Image Description

Harsh lambhate

We are just human • 9m

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.

7 Replies
1
3
Image Description
Image Description

BigLoot IN

BigLoot.in - Where S... • 7m

Zomato Has 4 Major Apps Now • Zomato (Food Delivery) • Blinkit (Quick Commerce) • Hyperpure (Ingredients & Supplies) • District (Movies, Event, Going Out) While Swiggy Has One Application For Food Delivery, Quick Commerce and Dining BookMyShow is

See More
2 Replies
1
6

Piyu

....... • 2m

Swiggy Genie hits pause again🚫📦 The hyperlocal pickup and drop service has been suspended, marking the second major halt since 2022. Back then, surging demand for Swiggy’s core food delivery and quick commerce arm, Instamart, pushed Genie to the

See More
Reply
9
Image Description
Image Description

Kimiko

Startups | AI | info... • 3m

A quick look at who owns the $5 billion quick commerce start up zepto

23 Replies
42
75

Download the medial app to read full posts, comements and news.