Tag: founder of dunzo

  • Kabeer Biswas: From Startup Star to Stepping Down – The Dunzo Journey

    Kabeer Biswas is among some entrepreneurs in India who, with his friends, made the delivery of daily essentials quick and easy for us. Kabeer Biswas founded the delivery startup Dunzo in January 2015, headquartered in Bengaluru, Karnataka, India. Kabeer serves as the Chief Executive Officer (CEO) at Dunzo. Kabeer is the Co-founder of Dunzo along with three of its Co-founders, including Ankur Agarwal, Dalvir Suri, and Mukund Jha. They are broadening the service of quick commerce startups in top cities across India. According to the latest reports as of January 2025, Kabeer Biswas is preparing to step down from his role at Dunzo.

    Know all about the personal and professional life of Kabeer Biswas, his education, success story, net worth, Dunzo’s net worth & more in the post ahead!

    Kabeer Biswas – Biography

    Name Kabeer Biswas
    Born 1984
    Education University of Mumbai, NMIMS
    Profession Entrepreneur
    Designation CEO & Co-founder, Dunzo
    Net worth

    Kabeer Biswas – Personal Life
    Kabeer Biswas – Education
    Kabeer Biswas – Professional Life
    Kabeer Biswas – Dunzo
    Kabeer Biswas – Success Story
    Kabeer Biswas – Funding Raised via Dunzo
    Kabeer Biswas – Business Ideas
    Kabeer Biswas – Stepping Down from Dunzo

    Kabeer Biswas – Personal Life

    Kabeer Biswas - Dunzo CEO and Co-founder
    Kabeer Biswas – Dunzo CEO and Co-founder

    Kabeer was born in 1984. His father died while Kabeer was only 19 years old. His father left considerable wealth for him, which allowed him to experiment with various ideas and take risks without thinking of choosing a safe route. His mother knew the business left behind by his father. Hence, she was secure with Kabeer, not worrying about his mother’s well-being. Thus, Kabeer himself asserted that this is the reason he has no dependents and can formidably experiment on the ideas he took an interest in.

    Kabeer Biswas – Education

    Kabeer pursued a Bachelor of Electronics in Computers from the University of Mumbai (2000-2004). He later did a Master in Business Administration (MBA) from SVKM’s Narsee Monjee Institute of Management Studies (NMIMS).

    Kabeer Biswas – Professional Life

    Bharti Airtel Limited

    Kabeer started his professional career as soon as he completed his MBA in 2007. He joined Bharti Airtel Limited in 2007 as a Rural NPD. After two years, he was promoted to the Social, Communities, and Location Based Services. He thus spent about three and half years working in this company, from June 2007 to October 2010.

    Videocon Telecommunications Limited

    He later worked for Videocon Telecommunications Limited in the New Product Development area. He worked there for almost three months, from October 2010 to December 2010.

    Y2CF Digital Media Private Limited

    Kabeer then worked for Y2CF Digital Media Private Limited in the Product area. He worked there for three years, from January 2011 to December 2013. He founded a company called Hoppr, which was acquired by Hike in 2014.

    He has gained enough experience till then and thus established his local delivery set up, Dunzo, in January 2015.

    Kabeer Biswas – Dunzo

    Kabeer Biswas, Ankur Agarwal, Dalvir Suri and Mukund Jha | Dunzo Founders
    Kabeer Biswas, Ankur Agarwal, Dalvir Suri and Mukund Jha | Dunzo Founders

    Kabeer started his local delivery set-up Dunzo from a small WhatsApp group. It eventually gained popularity and transformed into a hyperlocal mobile application service.

    He believed that in the space of delivery and logistics, if all systems do not work on tech-based business, then at least customers who need such service should be served well. This thinking should be approached by companies, and they must think of gaining not only customers but valuable customers.

    Thus, Kabeer thought of establishing a business that would help people who formerly needed delivery services. Dunzo renders its delivery services in top cities:


    Marketing strategies of Dunzo [Case Study]
    The food supply was taken over by apps such as Swiggy and Zomato and Ola, Uber
    and Rapido took over the rides. But Dunzo combined both possible resources that
    can be offered online. In the current pandemic situation, Dunzo is an
    interesting source of services. For them to focus on social distance an…


    Kabeer Biswas – Success Story

    Kabeer, the Dunzo founder, started off with the hyperlocal delivery service Dunzo in 2015. It began delivering its services in some of Bengaluru’s most opulent areas like Indiranagar, Koramangala, and the central business district, aiming at making life easier for its users, abiding by the time-consuming tasks.

    Dunzo provides its delivery services in packages, pick up and drop, online restaurant discovery, ordering online food, grocery, medicine, laundry, local couriers, and Bike taxis as well. The company receives ten lakh orders monthly.

    Dunzo eventually became the first Indian tech company to receive funding from Google in 2017. Dunzo started providing a platform to local businesses. The company has also started food delivery services in direct competition with Swiggy and Zomato. It has become a favorite brand among Bengaluru’s digital-savvy and time-strapped elite. At one point, Biswas’s net worth was estimated to exceed INR 6,000 crore.

    The Dunzo Journey

    Kabeer Biswas – Funding Raised via Dunzo

    Dunzo has raised a total funding of $700 Million till January 2022. Reliance Retail has funded $240 million in January 2022 with Vikas Poddar and five other investors.

    Dunzo received its first round of funding from Blume Ventures Aspada Ventures, escorted by other investors such as the MD of Google India- Rajan Anandan and Sandipan Chattopadhyay, worth $650k in March 2016.

    In December 2017, the existing ventures and investors provided investments to Dunzo in another round of funding. This was Google’s first direct investment in a startup in India.

    In August 2019, Dunzo raised a funding of Rs. 34.56 crores by issuing debentures and Series C1 preference shares to one of the existing investors, Alteria Capital. Dunzo has raised around $498 Mn across multiple funding rounds till date.


    Dunzo Startup Story – Business Model | Founders | Revenue | Competitors | Funding
    We yearn to live hassle-free lives. And smartphones have a major role to play in
    achieving this dream. Mobile apps have given us the kind of freedom and leverage
    that was hard to imagine a decade back. Product delivery is one domain which has
    been streamlined with the radical innovations in mobile a…


    Kabeer Biswas – Business Ideas

    Kabeer, the founder of Dunzo, declared last year that he and his company will be focusing on the local businesses that are offline. He is trying hard to make the local economy a lot more efficient. For example, once a local grocer’s shop was declining and about to shut down, then Dunzo, under the leadership of Kabeer, signed it up as one of its delivery merchants. The shop is now gaining profits more than ever, in several past years.

    Kabeer has specifically designed Dunzo to use the data of its core delivery areas to make life easier for its users. It is through this service that they got to know that the well-to-do users were frequently searching for some specific foodstuffs, which led them to open a food delivery service as well. At that time, no one knew what his customers needed, neither the user nor the retailer.

    Kabeer Biswas – Stepping Down from Dunzo

    Kabeer Biswas is planning to step down, as reported by Moneycontrol on 2nd January 2025. He may soon join Flipkart Minutes as head of operations. The 10-year-old company has faced difficulties in the last few years and now operates in fewer areas. Biswas is the last co-founder to leave, following the earlier exits of Dalvir Suri, Mukund Jha, and Ankur Agarwal.

    Conclusion

    Kabeer Biswas’s main aim was to make a living by saving people’s time. Dunzo, a hyperlocal delivery startup lets users transfer or deliver their desired product or parcel from one corner of the city to the other corner with just a click.

    Dunzo can change the way you move things and how you shop and lets you access your city like never before. An app that connects you to the nearest delivery partner who can make purchases pick up items from any store or restaurant in the city, and bring them to you.

    FAQs

    Who is Dunzo CEO?

    Kabeer Biswas is the Co-Founder & CEO at Dunzo. But he is set to quit from his position and join Flipkart Minutes.

    What is Kabeer Biswas education?

    Kabeer pursued a Bachelor of Electronics in Computers at the University of Mumbai and later obtained an MBA from SVKM’s Narsee Monjee Institute of Management Studies.

    Is Dunzo funded by Google?

    Dunzo has raised $40 million in Series E funding from Google and existing investors, including Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, and Alteria Capital in January 2021. Earlier in September 2020, Dunzo received $ 28 million from Google, Lighrock, and other investors.

    Why did Google invest in Dunzo?

    Dunzo is reimagining how e-commerce and delivery could be done in India, thereby posing a challenge to Amazon and Walmart-owned Flipkart, as well as local food and grocery delivery startups such as Swiggy, Zomato, BigBasket, and Grofers.

    Who is Dunzo owner?

    Dunzo was founded by Kabeer Biswas, along with Co-founders Ankur Agarwal, Dalvir Suri, and Mukund Jha, in 2014.

    What is the valuation of Dunzo?

    Dunzo has a net worth of $744 Million as of 2023.

    What is Kabeer Biswas age?

    Dunzo founder, Kabeer Biswas was born in 1984. He is 40 years old.

    Who are Dunzo founders?

    Kabeer Biswas, Ankur Agarwal, Dalvir Suri and Mukund Jha are the founders of Dunzo.

  • Top 8 Interesting Facts About Dunzo That You Might Not Know About

    Everyone loves when the requested commodities arrive just in front of you, without any hassle of going outdoors to buy. That’s why Dunzo, a micro-market Indian startup company, bestows online consumer services such as pick up and drop, online location discovery, online ordering, Travel services, Local couriers, and other essential deliveries. Is it astounding, to get whatever you want at your doorstep with the help of Dunzo?

    Pertinently, Dunzo was founded by Kabeer Biswas and later collaborated with his friends Mukund Jha, Ankur Agarwal, and Dalvir Suri to dilate the company’s services. That’s when Dunzo was launched in July 2014 as a small hyper-local service in the WhatsApp group which has now enhanced as one of the best delivery services in India.

    People adulated Dunzo for arranging a user-friendly experience by connecting throughout the user journey. Dunzo ultimately became a combatant service among Amazon, Flipkart, Swiggy, Zomato, Bigbasket, and Grofers.

    Moreover, the company is ranked 4,022 whereas its global rank for the last three months is 67,116, and grown worth 1 billion dollars in the past two years since its commencement.

    Let’s look at some of the unknown facts about the largest HLD business Dunzo.

    1. Google’s First direct Investment
    2. Dunzo Partnership With PepsiCo
    3. Dunzo Was Started as a Whatsapp Group
    4. Dunzo Follows Hyper-Local Delivery Model
    5. Dunzo Partnership With GooglePay During COVID
    6. Dunzo Delivers Anything to Everything
    7. A User-Friendly Dunzo App
    8. Distance-Based Pricing

    1. Google’s First direct Investment

    In 2017, Dunzo became Google’s first direct investment in India and led investors by financing 12 million dollars in the Series E funding round, while the Dunzo company plotted to enlarge its hyperlocal online service.

    Till now, it is estimated that Google has invested around 40 million dollars. On note of it, the company has become worth 75.4 million dollars in FY 2021 according to its gross merchandise value.

    2. Dunzo Partnership With PepsiCo

    Dunzo - Pepsico tie-up
    Dunzo – Pepsico tie-up

    At the time of the pandemic, Dunzo developed its partnership with the major beverages and food company- PepsiCo India. Besides, Dunzo initiated the success of the partnership with PepsiCo by launching their exclusive brands such as Lay’s, Doritos, Quaker, Kurkure, and beverages.

    3. Dunzo Was started as a Whatsapp Group

    In 2015, Dunzo began its business through WhatsApp by taking small steps and ultimately becoming a massive success and the largest hyper-local delivery service in India.

    During 2016, the company received 500 orders a day via WhatsApp, but as of today, they attained over 2 million transactions in a month, resulting in 40 times growth in India.

    4. Dunzo Follows Hyper-Local Delivery Model

    The company functions in eight major metropolitan cities – Bangalore, Delhi, Gurugram, Pune, Mumbai, Jaipur, Chennai, and Hyderabad. Moreover, Dunzo renders on-demand delivery services via an app, which made convenient and nifty for customers.

    Dunzo runs as a Hyperlocal Delivery Business model by engaging on-demand services, delivering medicine from the pharmacy to the patients, as well as courier services. Furthermore, it acts as a guide to people in tracking online locations and delivering ordered items by the customers.


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    5. Dunzo Partnership With GooglePay During COVID

    Dunzo Partnership with Google Pay
    Dunzo Partnership with Google Pay

    If you are a person living in a city where Dunzo service is available, you might have used it after the pandemic started in March 2020. Well, I did it to get college books from my seniors. And if you are an ardent user of Google Pay you would have come across the feature to order groceries and medicines through Dunzo. This partnership has been a success for both parties in terms of an increased user base.

    6. Dunzo Delivers Anything to Everything

    Using Dunzo, users can deliver packages from one place to another; purchase services from merchants that have tie-ups with Dunzo; pick-up and drop-off services; offer delivery services like grocery delivery, medicine delivery, laundry delivery;  bike taxi, and bike pool services.

    Dunzo website showing services enabled by Dunzo
    Dunzo website showing services enabled by Dunzo

    Purchase of medicines from a pharmacy using the app requires a doctor’s prescription to be accepted as a task.  

    Dunzo is against users initiating tasks that are illegal, immoral, unethical, and unsafe like narcotic drugs, alcoholic beverages, etc.

    7. A User-friendly Dunzo App

    Dunzo App
    Dunzo App

    The Dunzo app has been user-friendly in terms of fulfilling the tasks of its users quickly and accurately. The chat interface in the app allows the users to converse with the partner who is paired to complete the task.

    Using this feature, the user can add new tasks, edit or cancel them and images can also be shared of the product if the user’s need is specific or the partner can share the image of the product to finalize with the user before purchase.

    Therefore, Consumers can order anything from a store through the Dunzo app or portal, where the ordered products will be delivered by the Dunzo member at their doorstep.

    And also Dunzo even makes courier services, where they pick the particular item from the pickup person’s address and deliver it to the correct destination.


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    8. Distance-Based Pricing

    Dunzo charges its customers based on the distance covered and the time spent at a shop. The lowest task price is Rs. 45 that is Rs. 45 for 3 Km and the price increases to Rs. 15 every other Km after. And the average rate for a task is Rs. 75.

    The pricing model selected by Dunzo provides much savings to its users and is beneficial for shopping and delivery as it saves and works with a minimal amount of money.

    Conclusion

    “I will Dunzo it to you” is a common phrase among people especially the younger generation who live in cities where the service is available. Even though the delivery app has made people lazier by doing their tasks for them we cannot ignore the fact that the platform was a major life-saver during the pandemic and for office-goers with a hectic schedule by performing simple tasks for them.

    Dunzo had grown as a major business in 2020 by having an average of 4x order value during the COVID crisis. Dunzo has grown 40x in the past two years and is growing at 10-15 percent every month and it raised $40 million from its investors in January 2021.

    Dunzo’s success isn’t a fairytale but a success due to understanding the needs of people in these changing times.  

    FAQs

    What is unique about Dunzo?

    Dunzo is a hyper-local on-demand multi-delivery service app working towards fulfilling the requirement of anything and everything. It allows its users to get access to anything and everything as per their demand.

    What is the mission of Dunzo?

    The mission of Dunzo is stated as “to be the logistics layer of every city.”

    What is the tagline of Dunzo?

    The tagline of Dunzo is “Let’s Dunzo It”. It stands for transporting anything from one to another as per user demand.

    Who is the target audience for Dunzo?

    The target audience for Dunzo is considered as anyone who owns a smartphone.

    Who invented Dunzo?

    Dunzo was invented by the joint efforts of Kabeer Biswas, Ankur Agarwal, Dalvir Suri, and Mukund Jha in July 2014.