Dunzo goes offline as investors, co-founder depart

Dunzo, an Indian hyperlocal delivery startup, has decided to shift its operations offline. The move comes after increasing challenges faced in scaling the business amid high competition and evolving market conditions. Dunzo’s co-founder also stepped down, marking a significant leadership change. The company's pivot to offline operations signals its need to reassess its business model. Investors are keenly watching this transition, as Dunzo aims to find a sustainable path forward in an increasingly crowded logistics and delivery market. The company has faced increasing pressure to show consistent growth and profitability in recent months.