Ex-Dunzo employee. AMA.
Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.
Dunzo was one of the pioneers in executing hyper local delivery at scale, considering they started way back in 2014.
They had customers, experience, tech, fleet of delivery guys.
Lastly and most importantly, a down to earth founder in “Kabir Biswas”
I am simply not able to wrap my head around the fact that while Zepto and Blinkit are doing so well , why couldn’t Dunzo replicate the same in Q commerce segment?
What do you guys think could be the reason behind their demise?
Just pivoting from hyper local to Q commerce can’t be the reason!
I am not an expert but perhaps COVID happened to dunzo. Blinkit started more recently while dunzo was there in 2019. During lockdown many delivery partners went to their hometown thereby rendering their fleet non-functional.
Blinkit started recently? Bro it was started in 2013 as Grofers while changed its name to “Blinkit” in 2021.
Also bro you need to read more, their user base increased from 27 lakh to 51 lakh during Covid peak.
And even for a minute, we accept your argument, then it should have equally impacted the likes of Instamart , Zepto and Blinkit.But it didn’t.
Did I offend you in some way? Please Try to avoid personal comments like "you need to read more". You asked, I answered, and if you already know about this topic then what's the point of asking?
As I mentioned in my post itself , I am not claiming to be an expert.
I wanted to write some points regarding this topic but your overall tone suggests you know it all.
Investor fuck up.
Reliance made a "strategic investment" in them. Then when Dunzo was trying to raise a round shot down all termsheets they got, and they had to adhere to it because Reliance became their largest investor.
They have bullied Dunzo into shutting shop and then will takeover all their tech assets for a throwaway price in a distress sale when they declare bankruptcy.
Dirty dirty trick by Reliance.
Dunzo was so ahead of its time and my favourite player in the segment.
Sad to see them lose out for such a shit reason.
Finally a sensible answer!Thanks for this info buddy. So as to summarise Motabhai took control and effed up the entire company. Any insight into what are they upto now?
Relaunching Jio Mart on the back of Dunzo's hardwork.
Assholes honestly, itna paisa hai toh khud banao na pura tech.
Pains me to see startups being taken away from those who built it painstakingly.
Danzo killed Itachi that's why sasuke killed Danzo
Top kek!!!🤣🤘🏽
HAHAH
Getting investment from reliance seems to be one of the top reasons. Some other reasons:
Thanks for chiming in buddy! Can you elaborate on the “weird tech solutions”?
Transition to quick commerce absolutely didn’t work
The others were way ahead of them, they made that change and it never paid off
But that’s not all
Quick commerce also ate into their core pure bike delivery play
And finally, Reliance. They assured Dunzo would get funded, but everytime Dunzo would go out and get capital, Reliance would reject saying the valuation isn’t attractive. Didn’t let them survive.
Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.
What made dunzo fall so bad. They seemed to be doing good. Can someone share what major mistakes they made that have led to such heavy cash flow issues.
Okay, unrelated but I have heard reliance invests to destroy. Most of reliance new age investments, major stakes are ...
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.
Not the first nor the last. Haptik was probably one of the early ones that got arsenic poisoned post Jio acquisition...