New Delhi, Nov. 15 -- A day after my meeting with Dunzo CEO and co-founder Kabeer Biswas, stories about Dunzo's financial parameters started hitting the headlines, largely after a Mint story looked into its financial filings with the Registrar of Companies (RoC). The numbers, ostensibly, look bad-in 2018-19, Dunzo's losses surged eightfold over the previous year, to '168.9 crore, against operational revenue of '76.5 lakh.
These numbers are enough to alarm anyone not familiar with the investment-cash burn-growth cycles of tech startups, but experts know that despite the hand-wringing, they are not entirely incompatible with the expenditure to revenue ratios of many startups in a growth phase.
Just a few weeks before this, the company had r...