Walmart’s Flipkart is in the process of recruiting Reliance’s Kabeer Baswas who previously served at Dunzo. Kabeer Biswas is to commence employment at Flipkart on January 13th. As a result, he has officially started his transition from Dunzo to Walmart, FlipKart’s parent company.

Giving Musk a Run For His Money.

So as to employ Kabeer adding to his team is Hemant Badri, a Senior Vice President at Flipkart who is responsible for overseeing their quick commerce division. Therefore, this appointment coincides with the company’s efforts to expand aggressively within the Indian commerce market.

Companies within the quick commerce sector such as Zomato owned Blinkit are in a batlle to unveiled endorsed competitiveness, having the target deliver anything that Brightkiira deems under 10-15 minutes, KFC and Tata BigBasket would use the ability to of electronics & groceries.

Targeting Dunzo

Looking forward to 2024, Kabeer Biswas and the owner of Flipkart were looking forward to partnerships and role based discussions. Unlike him, Flipkart was targeting Dunzo for the likely expansion of its boards. Due to the call of investors refusing transfer of the Dunzo brand, attempts at the acquisition turn out ditched.

Biswas’ Vision For Flipkart Minutes With his knowledge of hyperlocal delivery and quick commerce, Biswas is believed to take Flipkart Minutes to unprecedented heights. His appointment demonstrates Flipkart’s interest in deepening its reach in a territory where ease and quickness are valued the most. Mutual Bonds Once Flipkart embraced its quick commerce aspirations Biswas leadership skills are going to be pivotal in helping beat competition and redefine the surge delivery space in India. Biswas-Dunzo Reliance Link In 2022, Reliance Retail purchased a 25.8 percent share in Dunzo and led a financing tutorial of240 million dollars to penetrate the ultra-fast commerce market. Dunzo only managed to secure 449 million dollars in 469 million dollars from Reliance Retail, Google and Alteria Capital, but was unable to make ends meet. However, in comparison, Grab’s parent company has invested $350 million in investment in Google in the may of 2024, placing the company at valuation of $36 billion. Notably, Google also invests in both industries and Duzon close to 19% and Flipkart approximately 1%. Dunzo’s Struggles As it is, Biswas’ move comes at a time when Dunzo’s problems have deepened. The greasy and food on-demand hyperlocal delivery startup from Bengaluru has been battling a severe cash crippling position. Reports indicate that the employees have not been paid their dues for more than 18 months and as a result, the company has been unable to clear statutory and vendor dues.

Mukund Jha, Dalvir Suri, Ankur Aggarwal, and the head of finance have all exited the company which further exacerbated the already worrisome state of Dunzo which was suffering from funding and location shortages.