iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

To cut costs, Dunzo encouraging users to choose the 60 minute delivery option

18 Aug 2022 , 10:32 AM

In order to save delivery costs, the quick delivery startup is encouraging customers to choose 60-minute deliveries and group orders.

After a busy first half of the year, during which it scaled operations of its 15-20 minute grocery delivery service, Dunzo Daily, Reliance Retail-backed rapid commerce platform Dunzo is shifting gears on its growth momentum. It completed a $240 million investment round in January, with Mukesh Ambani’s Reliance Retail taking a 25% stake in the firm.

After that, the business accelerated its expansion plans in the face of fierce competition from rivals including Swiggy’s Instamart, Zepto, and a new competitor, BigBasket’s BB Now.

In the June quarter and in July, it consumed more than Rs 100 crore, or around $15 million, every month. However, the firm included the one-time expense of advertising during the Indian Premier League (IPL) and marketing activities to increase Dunzo Daily’s

Related Tags

  • reliance
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.