Dunzo CEO Kabeer Biswas Resigns Amid Financial Struggles - PRESS AI WORLD
PRESSAI
Recent Posts
side-post-image
side-post-image
Politics

Dunzo CEO Kabeer Biswas Resigns Amid Financial Struggles

share-iconFriday, January 03 comment-icon2 weeks ago 5 views
News sources:
indiatimesINDIATIMES
Dunzo CEO Kabeer Biswas Resigns Amid Financial Struggles

Credited from: INDIATIMES

  • Dunzo's CEO Kabeer Biswas is set to resign due to ongoing financial issues within the company.
  • He joins other co-founders Mukund Jha, Dalvir Suri, and Ankur Agarwal, who have also left the company.
  • The company has struggled with severe financial difficulties, failing to pay employees for over 18 months.
  • Founded in 2014, Dunzo started as a WhatsApp group and grew into a leading pick-up and drop service across India.
  • Last year, Dunzo secured $240 million in funding from Reliance Retail, which became its largest shareholder.

For more details, visit the original article: Times of India.

SHARE THIS ARTICLE:

nav-post-picture
nav-post-picture