Flipkart appoints Dunzo co-founder Kabeer Biswas to lead quick commerce division

Kabeer Biswas, co-founder of Dunzo, will join Flipkart to lead its quick commerce division, Minutes, starting January 13. He will work closely with Senior Vice President Hemant Badri. Dunzo has faced operational and financial challenges, prompting Biswas's departure. Flipkart's entry into quick commerce comes amid rising competition from companies like Swiggy Instamart and Zomato's Blinkit. The quick commerce market is expected to grow significantly, reaching $40 billion by 2030. Flipkart's recent fundraising efforts valued the company at $36 billion.