Wait, are they eyeing to compete Delhivery in near future???

Wouldn’t hurt if they thought about this

Program Manager

But isn't delhivery focused on long distance delivery while dunzo is focused towards hyperlocal

Software Engineer

Growth Manager

https://inc42.com/buzz/flipkart-in-talks-to-acquire-cash-strapped-dunzo/amp/

Software Developer

Reliance had a big stake in Dunzo. Never heard of acquisition

Senior Software Engineer

Welcome to Indian Startups's Private Community

Is FLIPKART acquiring Dunzo?

Is FLIPKART acquiring Dunzo?- Grapevine

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

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 😮‍💨

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!

Journalist

- 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

Consultant

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

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

Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?

Another layoff coming up at Dunzo🥲

Hope they get their severance packages (I mean salary).

Brand Marketing Manager

I had heard Waycool was also talking to raise at unicorn valuation, but they've fired like 300 people on Monday, so that's pretty uncertain. What to make of Zepto, though?

India's 109th unicorn?

Data Scientist

Dunzo again laid off 150-200 employees amid reports of fresh funding

Fresh layoffs at Dunzo

Marketing Manager

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

Done done done

While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this

Profits aren't coming, money is flowing
Don't know what the VCs are seeking?
Why bake a a pie that you can't eat later?

Too much money too soon, where have we seen that?

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?

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?

Is Dunzo dead?

First, they had a layoff.
Some people in the leadership quit.
Middle management people are quitting.
They shut down majority of the dark stores.
They are pivoting their business.
They are out of runway.

Is FLIPKART acquiring Dunzo?

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