Hyperlocal delivery company Dunzo is reportedly seeking a buyer to address its financial challenges. The startup aims to resolve its debt and liabilities through a potential sale, signaling its efforts to stabilize its operations.

Dunzo Big Problem 

According to reports, Dunzo has reached out to prominent players such as Reliance Retail, Flipkart, PhonePe, and Swiggy, as well as other potential acquirers. The company is looking for a buyer willing to take over its operations in exchange for assuming liabilities, including ₹600 crore in debt and vendor payables.

Despite its financial hurdles, Dunzo has shown signs of operational success. The company claims to have reached operational profitability and is completing 40,000 to 50,000 deliveries daily. This indicates strong demand for its services, even as it navigates a challenging business environment.

Buyer Search Project 

Dunzo’s search for a buyer reflects a growing trend among startups to explore strategic partnerships or acquisitions to ensure sustainability. The company's move underscores the intense competition and high operational costs in the hyperlocal delivery segment, especially with industry giants like Swiggy and Zomato vying for market share.

The outcome of this potential acquisition will be critical for Dunzo's future. If successful, it could pave the way for the company to focus on scaling its operations further. On the other hand, finding a suitable buyer ready to shoulder its financial burdens remains a challenging task in a market where investors are increasingly cautious. As Dunzo continues its search, the startup’s ability to adapt and innovate will play a key role in shaping its future trajectory.

Hyperlocal Delivery Company

Hyperlocal delivery company Dunzo is reportedly looking for a buyer to address its financial challenges. The startup aims to resolve its debt and liabilities through a potential sale. This signals efforts to stabilise its operations. Dunzo has reached out to some prominent and strong players to solve big problems.