For years, Dunzo was considered a verb for hyperlocal deliveries, but today, it’s a mere shell of its former self.
A closer look at the events of the past few years reveals a series of strategic missteps, financial mismanagement, and operational challenges that eventually led to the downfall of Dunzo.
What makes Dunzo’s downfall alarming is that the company currently clearly lacks funds for day-to-day operations or even paying employees, even as it has raised over $365 Mn since April 2019.
Since 2023, Bengaluru-based Dunzo has faced significant hurdles in securing new funding to remain competitive in the rapidly growing quick commerce sector. Speculation about co-founder and CEO ...
The rise was spectacular for Biswas. By 2016, Dunzo became a verb synonymous with convenient hyperlocal delivery in India and boasted millions of users. By 2022, the company achieved a billion ...
From Lightrock to Google, no members remain on the company's board. ALSO READ: Dunzo’s fall from grace: From a first-mover in 2014 to struggle for survival in 2023 Dunzo was started back in ...