Dunzo co-founder Kabeer Biswas resigns to join Flipkart's quick-delivery service
livemint.com — January 9, 2025, 05:00 PM UTC
Kabeer Biswas, co-founder of Dunzo, has resigned as CEO to join Flipkart's new quick-delivery service, Minutes. Dunzo is facing $70 million in liabilities and is struggling to stabilize its operations after failing to secure new funding or a sale. Dunzo has seen significant layoffs and has reduced its workforce to 30-40 employees. The company, which started as a hyperlocal delivery service, has shifted focus but continues to grapple with debt and operational challenges. Flipkart's Minutes marks the third attempt in grocery delivery for the company, following previous unsuccessful ventures. Biswas's experience may help Flipkart navigate the competitive quick-commerce market.