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Dunzo cofounder Kabeer Biswas joins Flipkart to lead quick commerce biz

News Journals


Dunzo cofounder Kabeer Biswas has joined Flipkart to guide its quick commerce enterprise Minutes after months of being in talks with the agency, sources conscious of the matter mentioned. Biswas is leaving the cash-strapped Dunzo, backed by Reliance Retail, after greater than a yr of grappling with a number of points arising from not with the ability to increase capital to maintain its money burn.

ET Yr-end Particular Reads

Biswas will carefully work with Flipkart senior vice-president Hemant Badri for Minutes. He’ll begin at Flipkart on January 13.

Biswas was in talks with Flipkart by way of 2024 when the Walmart-owned net retailer explored shopping for out Dunzo. ET reported on January 2 that Biswas has held discussions with Dunzo buyers together with Reliance Retail—which owns 26% within the agency—to depart the Bengaluru-based agency. Flipkart and Biswas instantly didn’t reply to ET’s request for a remark.

Former Dunzo executives, together with cofounder Ankur Agarwal, are organising new ventures within the fast commerce house and are near elevating funds from buyers.

Additionally Learn: Ecommerce pushes quick commerce as Amazon tests Tez, Flipkart boosts Minutes