Official End of Dunzo? Now its Website, App Went Offline After Kabeer Biswas’s Exit

-This marks the official end of Dunzo’s platform, which had scaled back its operations to the bare minimum over the past 12 to 18 months.

-According to sources familiar with the matter, both Flipkart and PhonePe had previously considered acquiring Dunzo during its funding crisis.

- Despite raising over $450 million, including $200 million from Reliance Retail in January 2022, the startup struggled to sustain its market position.

On Monday, the website and mobile app of the hyperlocal delivery platform Dunzo went offline. The shutdown came shortly after the departure of its remaining cofounder and CEO, Kabeer Biswas, who has moved on to lead Flipkart’s quick commerce division, Minutes.

This marks the official end of Dunzo’s platform, which had scaled back its operations to the bare minimum over the past 12 to 18 months.

The recent shutdown of its app and website highlights the fragile condition of the company, which has significantly scaled back its presence in quick commerce and courier services.

According to sources familiar with the matter, both Flipkart and PhonePe had previously considered acquiring Dunzo during its funding crisis, but the deal fell through as investors were reluctant to part with the brand.

Dunzo, once a leader in India’s quick commerce sector, has experienced a sharp decline. Despite raising over $450 million, including $200 million from Reliance Retail in January 2022, the startup struggled to sustain its market position. High cash burn to scale operations, combined with difficulties in securing additional equity, resulted in major downsizing.