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No resolution in sight for Dunzo as Biswas moves to Flipkart
Mint New Delhi
|January 10, 2025
Dunzo is swamped with liabilities of about $70 million and still has 30-40 full-time employees, as per reports
Dunzo co-founder and chief executive Kabeer Biswas's recent departure has left the cash-strapped startup's investors looking for ways to settle its dues and find a way forward.
Biswas recently resigned from the company he co-founded 10 years ago and made a household name. He is now set to join Flipkart by the end of the month to lead the Walmart-owned company's newly launched quick-delivery business, Minutes, a person familiar with his plans said, declining to be identified.
Dunzo, meanwhile, is swamped with liabilities of as much as $70 million and still has 30-40 full-time employees, as per media reports. Biswas left Dunzo after trying for about a year to find a resolution for the company through a sale or by raising fresh funds.
Bu hikaye Mint New Delhi dergisinin January 10, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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