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Food Delivery Startup, Zomato may acquire Dunzo: Report

Zomato, which is the leading online restaurant discovery and food delivery platform is now in talks to acquire the task management platform Dunzo, according to the report which has been revealed.

As of now, there is no comment from the company officials on the ‘market speculations and rumors.’

“We continue to make aggressive strides and believe in controlling our own destiny. Our goal is to make local commerce efficient across all the cities we serve and will serve in the future, and we are committed to doing just that,” the report added.

Moreover, some of the industry experts who are much more familiar with the sector said that the deal materializes, Dunzo would add to the Zomato delivery capabilities.

“Zomato’s strength is its platform. However, delivery is its Achilles heel. Zomato is currently seen to be playing second fiddle in terms of food delivery to Swiggy, which is also looking for other avenues to monetize its fleet,” Satish Meena, senior forecast analyst at research firm Forrester said.

The development comes into the picture when both the Dunzo and Zomato are in the mid-size of raising capital.

Source: Entrackr



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