[Startup Epilogue] Dazo
Startup Epilogue is a Premium Section delivered by Orb52. The section aims to provide authentic data regarding different startups that closed because of many reasons. This data helps new entrepreneurs to analyze the reasons for closure and work accordingly in that section
Startup: Dazo – Delivery Service, Food and Beverage, Food Delivery Snack Food
Dazo provides a curated meal marketplace for Indian customers via a mobile application. It brings our customers great fresh meals from the best restaurants nearby. Its partner restaurants specially handcraft all meals for the customers so that it serves only the best dishes. The customer side app is extremely user-friendly and it takes less than 10 secs with 3 taps on the Android app. It is fundamentally changing the way people get access to great meals on demand right at their doorstep. It is building technology so food brands can focus on their expertise and thus can serve more and to new customers. Customers, on the other hand, love its platform due to the ease with which they get delicious affordable meals. The founding team vast experience in building Tech products and has shipped some of the top mobile products (redBus, Google to name a few). Download the Dazo app and start ordering food. Dazo service (delivery) is available in Bangalore (Indiranagar, Domlur, Old Airport Road, Kodihalli, Amrajyoti Layout, Cambridge Layout, and Koramangala)
Startup Period: 2014-2015
Reasons for Failure
1. Food Industry Needed a lot of funding. Dazo has less funding to cope up with the expenditure
2. Huge Discounts in Food Industry to get more customers.
3. More players in the food industry leading to huge competition.