Flipkart is trying to buy Dunzo to enter WC

Dunzo is owned by Reliance. Flipkart will never get on board with Reliance.

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

Jo hai vo to samhal nahi raha

Nice, whenever Flipkart enters QC another 6 months of ordering 20rs chips with free delivery

Didn’t Flipkart just tried to buy some stake in Zepto in last 2-3 days? And now they are going after Dunzo, interesting!

I meant QC**

No guys Fk is not going to buy any other Hyperlocal or quick commerce company It was very clearly called out in our all hands that they want to use existing FK capabilities in QC For example we are not just restricted to sell grocery we will be selling electrics lifestyle home decor etc as well We have OBD as first class construct in industry we are going to use it for electronic and mobile phone deliveres Other QC don't have this The delivery / return process for electronics is quite different for electronics and mobiles and we want to control it So yeah baseline is we are not buying any other QC They want to make use of existing inventory and scale it to QC We already have data of top selling categories per pincode so we will make extensive use of the same and will disrupt the market to come in top 2 QC Rest all will shutdown in 2 years due to huge burn

Today’s ET news says that the deal is dead. Even Flipkart Zepto is dead now and they’ll be going for a fresh approach for QC

Personally as an arm commentor I like to think Reliance will just let the startup slowly rot until buying it at some basement level valuation and folding it into reliance retail. Imagine Reliance footprint with Dunzo last mile logistics.

This was in the works months ago but as I understand, it didn’t materialise. Source: trust me, bro.

I don't think the deal is happening, talks have gone cold it seems...concerns over valuations and what value it brings to the table..

And Zepto. https://thearcweb.com/article/zepto-flipkart-walmart-acquisition-quick-commerce-zaJV2ed0iA21IvJG

Which world cup? Football or Cricket? Or any other world cup?

Ahhh yes. But if there is no valuation bridge with Zepto or Dunzo. Fresh approach is what has to be taken. Maybe bring in someone new with hunger and give them new ESOPs.

Purani news hai

I just read Flipkart is in talks to buy Zepto. But, zepto founders are not looking for strategic sale.. they are looking for fresh funds.

Yes negotiation on the table 250 grams for $100 Mn

They even tried to buy zepto for 2 billion usd ig in jan but they offered for 3 billion which they rejected.

They can anyways build QC system on their own with available resources! Flipkart already has a good delivery network and they also own ekart. They can repurpose ekart for QC deliveries too.