CleverBay70
CleverBay70
Google

Dunzo existential crisis

Is dunzo going to survive current year given the current market scenario (funding winter, extensive competition etc.)

17mo ago
SupportStaff
SupportStaff
Others17mo

It has massively extended its delivery time.. used to 10 mins, now shows anywhere between 30-90 mins... Don't think it's new parent (reliance) will allow much burn, they are old school dhando...

Noctus
Noctus
Stealth17mo

I think dunzo will survive with it's delivery service on ondc

ReddyAnna
ReddyAnna
Swiggy17mo

Zombie, considering how aggressively they fired in JIO B2B business, Dunzo employees better watch out

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Kingdomofdreams
KingdomofdreamsDunzo16mo

Ex Dunzo AMA

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

Theanalyst001
Theanalyst001PhonePe20mo

Dunzo not in a great position

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.

BabySharkDoDoDo
BabySharkDoDoDoStealth16mo

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

  • 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 deliver...
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Okay, unrelated but I have heard reliance invests to destroy. Most of reliance new age investments, major stakes are ...

ElasticBake
ElasticBakeDunzo15mo

Dunzo next funding round?

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?