Software Engineer

Canonical De-amp'ed URL: https://inc42.com/buzz/flipkart-in-talks-to-acquire-cash-strapped-dunzo/

Software Developer

https://inc42com.cdn.ampproject.org/c/s/inc42.com/buzz/flipkartintalkstoacquirecashstrappeddunzo/amp/

Welcome to Indian Startups's Private Community

https://inc42-com.cdn.ampproject.org/c/s/inc42.com/buzz/flipkart-in-talks-to-acquire-cash-strapped-dunzo/amp/

Done done done

Brand Marketing Manager

Done done done- Grapevine

Is FLIPKART acquiring Dunzo?

Program Manager

Welcome to Office Gossip's Private Community

Flipkart is trying to buy Dunzo to enter WC

Why do they want to enter the World Cup ? never heard of their team

Senior Software Engineer

Found this report by Inc42 on Linkedin.

Hope things get better!

In April 2022, #Dunzo cofounder &amp; CEO Kabeer Biswas said quick commerce is a game of optimisation — but ironically, 18 months later, Dunzo has very little left…

Inc42 Media on LinkedIn: #dunzo

A report on Dunzo's timeline

Product Manager

Welcome to News Discussion's Private Community

- Flipkart aims to have around 100 dark stores operational by the launch of Flipkart Minutes, currently accessible to select users in certain pincodes.
- The move is part of Flipkart’s strategy to compete with Zepto, Blinkit, and Swiggy Instamart this festive season, focusing on fast delivery for non-grocery segments.
- Dark stores are being tested with employees at Flipkart’s Bengaluru headquarters, with plans to stabilize and scale up the service in specific areas.
- Flipkart’s quick commerce push is driven by revenue potential, with top platforms like Swiggy Instamart, Zepto, and Blinkit expected to surpass $1 Bn in revenue for FY24.
- This development follows Flipkart’s expansion into digital payments and fintech products, highlighting its strategy to adapt to the evolving digital commerce landscape. 

 Source: Economic Times

Flipkart Plans 100 Dark Stores Ahead of Big Billion Days Sale

What even is going to be the differentiator? 
  
 Zepto kills it at speed. Blinkit kills it at speed and depth of catalogue. 
  
 Hard to imagine where Flipkart can stand. Especially given Q Commerce can work in only Tier 1 and 2 where these brands have a heavy footing.  
  
 Flipkart does not even have a brand presence anymore in top 5 cities!

Growth Manager

Journalist

Anybody has an idea what's happening with Dunzo's next funding round? What are the chances investors will bet on this? Or will it lead to an acquisition?

Dunzo next funding round?

The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving

India's Flipkart readies quick-commerce play | TechCrunch

Why existing companies barely succeed at new things... Flipkart finally woke up to the Q Commerce opportunity 😮‍💨

https://inc42.com/buzz/exclusive-dunzo-in-advanced-talks-to-raise-around-100-mn-in-series-g-round/

Dunzo raising new round ? ? If yes, its a big win for a brand

What happened to Dunzo

After making money from Phonepe, it seems FK has started a Phone Pe competitor as a separate company 😁. Heard Flipkart CEO had a huge fight with Phonepe CEO as well

Flipkart launches a Phonepe Competitor

Just read this after getting to know earlier today that one of the cofounders have resigned. Didnt even know that the cofounders never had a stake, they’d just get a salary. Super weird.

Reliance pulls representatives from Dunzo’s board

Not the first nor the last.  Haptik was probably one of the early ones that got arsenic poisoned post Jio acquisition.  Slow slow death.  
  
 Reliance will continue to fiddle around the ecosystem and buy a random set of start ups.  Mukess bhai's fuck-you-money account is a few billions. 250 mil written off makes no difference to his life. 
  
 Start Ups have to learn to get investors on board that have the right intent and roadmap aligned to their vision.  Includes the testicular fortitude to say NO even to Warren Buffet.

Sales Manager

Analyst

I was recently laid off in the 3rd round. AMA

Ex Dunzo AMA

Android Engineer

Haven't heard about an acquisition or new fundraise. What is next for Dunzo?

People at Dunzo/who were in Dunzo, what's happening there now?

- Severe cash crunch 
- The remaining 50% of salary is expected to be paid on 15th July
- Reliance not willing to invest more funds
- Talks ongoing with PhonePe and Paytm for acquisition (Dunzo would support their ONDC backend delivery logistics)

Things not looking good for Dunzo - 50% Salary paid to Managers and above this month

Okay, unrelated but I have heard reliance invests to destroy.
Most of reliance new age investments, major stakes are under extreme cash loss

Done done done

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