Dunzo

Indian e-commerce giant Flipkart has held discussions in recent weeks about potentially acquiring Dunzo, the hyperlocal delivery startup backed by Reliance Retail, three sources familiar with the matter told TechCrunch. The acquisition talks follow a turbulent year at Dunzo, which has been struggling to raise cash and make staff payroll. Flipkart is skeptical about precisely what all it will be able to take over if it were to acquire Dunzo. Reliance Retail, the largest investor in Dunzo, has also not approved the deal. Flipkart and Dunzo didn’t immediately respond to a request for comment Tuesday evening.