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DUNZO KABEER BISWAS
ETtech Deals Digest: Startups raise $66 million this week, down 33% on-yearStartup funding saw a 33% year-on-year decline, with $66 million raised in the week to February 24, though this was a 43.8% increase from t...- IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- Kabeer Biswas’s concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, CredKabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV P...
- Dunzo founder Kabeer Biswas exits Flipkart Minutes; Kunal Gupta takes chargeKabeer Biswas exits Flipkart Minutes: People familiar with the matter said Biswas had held talks to join Tata Group-owned grocery delivery ...
- Dunzo app, website go offline post cofounder Kabeer Biswas exit to FlipkartDunzo's website and app went offline following CEO Kabeer Biswas's departure to Flipkart. The startup has struggled financially despite rai...
- Restaurant body vs Zomato, Swiggy; Dunzo CEO joins FlipkartRestaurant industry body NRAI has challenged 10-minute food delivery apps. This and more in today's ETtech Top 5.
- Dunzo’s last standing cofounder Kabeer Biswas set to exit cash-strapped delivery startupThis follows nearly 12–18 tumultuous months for one of the early movers in the quick commerce business. The discussions come at a time when...
- Dunzo founder’s exit; Digilocker outageHappy New Year! Welcome to the first edition of ETtech Morning Dispatch in 2025. Kabeer Biswas, Dunzo's cofounder & CEO, is in talks to exi...
- Dunzo delays paying salaries further as company faces severe cash crunchDunzo has been struggling to finalise crucial funding amid a cash crunch, as a valuation mismatch among stakeholders has become a point of ...
- Dunzo to undertake further layoffs as cash flow crisis deepensDunzo is set to undertake another round of layoffs amid a funds crunch, co-founder and CTO Mukund Jha told employees in an all-hands meetin...
- Cash-strapped Dunzo seeks a lifeline; defers salaries, plans more job cutsDunzo has decided to reduce costs by 30-40%, which will involve more job cuts, even as it further delays payment of salaries.
- $240 million delivered, Mukesh Ambani-led Reliance Retail picks up 25.8% stake in DunzoThe Reliance-Dunzo deal has more than doubled the valuation of the Bengaluru-based startup to $775 million. Dunzo is planning an IPO in the...
- RIL shares up 1% after Reliance Retail buys stake in DunzoPost this deal, Reliance Retail is now the largest shareholder in Dunzo.
- PepsiCo partners with Dunzo to deliver its food brandsAs part of the initiative, Dunzo would host Lay's e-store on its app and would deliver products within an hour of ordering.
- Dunzo picks up $11 million from Alteria CapitalThe funding will help Dunzo scale up in other geographies, while retaining value for its existing shareholders, including employees, the co...
- Dunzo gets $45 million to fight Swiggy, AmazonAfter the fund-raise, the company has been valued at $180-200 million. Google, which made its first direct investment in Dunzo in 2018, has...
- Dunzo Wants B2B to bring up orders to 25 million per monthThe firm also aims to strengthen product search on the app by partnering with various merchants.
- Unlike peers, Dunzo is still up and runningDunzo, initially launched on WhatsApp in 2015, handles 4,500-5,000 tasks a day and expects to become profitable in Bengaluru as early as ne...
- Personal task management startup Dunzo raises $650K Pre-Series A fundingThe dunzo app, with its full stack approach, leverages both AI and human operators in providing solutions for consumers’ everyday tasks. Th...
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