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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Biswas is the last remaining co-founder of the cash-strapped company, which has struggled to keep up with its quick-commerce rivals.
Kabeer Biswas, co-founder and CEO of Bengaluru-based grocery delivery startup Dunzo, is set to quit, Moneycontrol reported on Thursday. The decade-old company has been struggling over the past couple of years and now has a limited presence.
Biswas is the last co-founder to leave the company after Dalvir Suri, Mukund Jha and Ankur Agarwal exited earlier. “There have been talks in recent weeks from him (Kabeer) to move on from Dunzo and a consensus needs to be reached. Some investors frankly have not opposed the idea given the state of affairs at Dunzo,” a person familiar with the matter told …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Surprisingly strong metrics alongside aggressive expansion mask a lurking balance-sheet risk. Moreover, competition is not going to be kind to the retail giant any time soon.
Brands are racing to build rapid delivery on their own channels—despite unclear economics and no proven success stories. Will they succeed?
