Dunzo on the brink: CEO’s exit, buyout talks and mounting losses
6 days ago · In 2024, Dunzo laid off 150 employees in a fresh round of layoffs, leaving the firm with just 50 employees in its core supply and marketplace teams. The company reported a substantial net loss of ...
Kabeer Biswas: Dunzo cofounder Kabeer Biswas to head Flipkart …
1 day ago · ET reported on January 2 that Biswas was in talks with investors, including 26% stakeholder Reliance Retail, about leaving the Bengaluru-based company. Reliance had invested more $200 million in Dunzo as part of its quick commerce plans. However, the bet on Dunzo went sour soon after 2021 as it burned cash to scale the business but failed to gain market share.
Flipkart hires Dunzo’s co-founder to lead quick commerce push
1 day ago · Flipkart has hired Kabeer Biswas, the co-founder of Indian delivery startup Dunzo, as the Walmart-owned e-commerce group expands its quick-commerce ... TechCrunch Daily News. Every weekday and ...
dunzo: Latest News & Videos, Photos about dunzo | The Economic Times ...
Dec 27, 2023 · Quick commerce startup Dunzo has experienced several board of directors exits over the past two months, reportedly due to cash-flow issues and pending dues. The exits are said to be temporary, with board members potentially returning after a planned funding round and dues are resolved.
Dunzo co-founder Biswas to exit the company - Industry News
Jan 3, 2025 · Dunzo co-founder and CEO Kabeer Biswas is set to exit the troubled hyperlocal delivery startup, according to a report in Moneycontrol.
Kabeer Biswas may call it quits as Dunzo battles cash crisis: Report
Jan 3, 2025 · News Business Kabeer Biswas may call it quits as Dunzo battles cash crisis: Report Kabeer Biswas may call it quits as Dunzo battles cash crisis: Report The Bengaluru-based quick commerce platform has faced a challenging period over the last 12–18 months, marked by cash flow issues and difficulties in raising fresh funds.
Kabeer Biswas Steps Down as CEO of Dunzo After 10 Years
Jan 3, 2025 · Kabeer Biswas, co-founder and CEO of Dunzo, has decided to step down after over a decade of leadership at the hyperlocal delivery company. This marks a significant shift for Dunzo, which has seen ...
The rise and fall of Dunzo's Kabeer Biswas - Industry News | The ...
6 days ago · By 2016, Dunzo became a verb synonymous with convenient hyperlocal delivery in India and boasted millions of users. By 2022, the company achieved a billion-dollar valuation, well and truly setting ...
Dunzo’s last standing cofounder Kabeer Biswas set to exit cash …
Jan 2, 2025 · This follows nearly 12–18 tumultuous months for one of the early movers in the quick commerce business. The discussions come at a time when the sector is witnessing heightened activity and peak investor interest. Retail Retail, which holds a 25.8% stake in Dunzo, has not yet given the green light to the proposal of Biswas to …
Reliance backed Dunzo may see founder exit after almost a year …
Jan 3, 2025 · TECH NEWS : Kabeer Biswas, the last remaining cofounder and CEO of Reliance Retail-backed Dunzo, is in talks to step down following a challenging period for the q
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