Prof Alex Teytelboym: Path Dependence, Innovation and the Economics…
Prof Alex Teytelboym: Path Dependence, Innovation and the E…
Apr 18, 2024
ox.ac.uk
Dunzo’s story is a sharp reminder that scaling fast without sustainable economics can break even the most loved startups. Once celebrated as India’s hyperlocal delivery pioneer, Dunzo expanded aggressively and entered quick commerce without fixing its unit economics. High discounts, thin margins, and heavy dependence on venture capital funding led to massive startup cash burn. Despite rapid user growth, Dunzo revenue remained low while losses crossed ₹1,800 crore, making it one of the most discu
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Dunzo’s story is a sharp reminder that scaling fast without sustainab…
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