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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Dunzo’s demise: How the Reliance-backed hyperlocal delivery startup unravelled

Dunzo, once a pioneer of hyperlocal delivery in India, faced operational and financial challenges leading to its decline. Founder Kabeer Biswas has joined Flipkart. Despite substantial investments and aggressive strategies, the company struggled with cash flow issues and mounting losses. Dunzo's rapid expansion and marketing expenses contributed to its downfall.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/dunzos-demise-how-the-reliance-backed-hyperlocal-delivery-startup-unravelled/117107288
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