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By BusinessTech Desk
In a shocking turn of events, ultra-fast delivery startup QuickCart, once hailed as the future of instant commerce, is now on the verge of shutting down. A leaked internal memo, allegedly circulated by the company's leadership, has revealed that QuickCart is just two months away from running out of cash.
What’s most surprising is that QuickCart is not failing due to lack of demand — but despite it.
> “We had overwhelming user demand, record-breaking traffic, and one of the fastest-growing product collections in the market,” the internal memo states. “But our systems couldn’t keep up.”
Sources say that shortly after launch, QuickCart saw explosive growth, with thousands of users placing orders within minutes of going live. The promise of “Anything in Minutes” struck a chord with urban customers. However, the platform's backend infrastructure, reportedly rushed and under-tested, began to crack under the pressure.
> “Frequent bugs, slow loading times, server crashes — users couldn’t place orders, and the products remained unsold,” the note continues. “A large chunk of inventory, including perishables, expired.”
Even with market demand and early traction in place, the company’s inability to scale its tech operations turned success into a logistical and financial nightmare. Insiders suggest that the core team was overwhelmed and that the burn rate far exceeded projections, especially as refunds and complaints piled up.
The leaked memo also acknowledges that the company has exhausted its funds and failed to secure further investment, leading to a grim forecast — just 60 days of survival left, if operations continue as-is.
> “With funds exhausted and runway left for only about two more months, we are forced to acknowledge that continuing under current circumstances is not viable,” the message reads.
QuickCart has not yet released an official public statement. Attempts to contact its executives have been met with silence.
Industry experts are calling it a classic case of \"too fast, too soon.\" One analyst noted: “QuickCart had the market. What it didn’t have was the foundation to handle success.”
As of now, the future of QuickCart hangs in the balance — a sobering reminder that demand alone can’t save a startup if execution and infrastructure fall short.