According to sources well-known with the subject and as reported by TechCrunch, Flipkart, a Walmart-backed Indian e-commerce giant supposedly nearing the possibility of acquiring the quick-grocery delivery platform Dunzo.

Considerations between Flipkart and Dunzo are said to be in progress, but the process has bumped into complications related to ownership structure of Dunzo, averting the both parties from attaining a agreement on the probable acquisition.

Also the report underscores that the retail arm of Reliance Industries, which acquired a 26 percent stake in Dunzo for $200 million in 2022, has yet to back up the deal which adding further complication to the process of negotiation. In reply to investigations from Reuters, Dunzo affirmed by means of email that they have not occupied in any negotiations concerning the acquisition of their business by any unit.

Supported by investments from Alphabet's Google, Dunzo has faced financial challenges & crisis, leading to current actions such as corporate reorganization, salary postponement, and employees layoffs.

The potential move of acquiring Dunzo by Flipkart indicates the venture’s escalating competition within rapidly growing retail e-commerce and delivery sectors of India. Both these prominent companies are pushing to uplift their positions in market and develop their offerings & solutions to cater the evolving needs of new-age consumers.

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