Kabeer Biswas: Dunzo's Visionary CEO and Co-founder Shaping Tomorrow
👨‍💻StartupTalkers
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.
Know all about the personal and professional life of Kabeer Biswas, his education, success story, 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 - CEO & Co-founder of Dunzo
Kabeer Biswas - Success Story
Kabeer Biswas - Funding Raised via Dunzo
Kabeer Biswas - Business Ideas
Kabeer Biswas - Personal Life
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 - CEO & Co-founder of Dunzo
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:
Simran Shahid
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.
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.
Rishabh Rathi
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.
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 the CEO of Dunzo?
Kabeer Biswas is the Co-Founder & CEO at Dunzo.
What is Kabeer Biswas's education qualification?
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 the owner of Dunzo?
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 $775 Million.
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