The hyperlocal delivery space in India witnessed a watershed moment as Kabeer Biswas, co-founder and CEO of Dunzo, announced his exit from the company.

His exit comes after fellow co-founders Mukund Jha, Dalvir Suri, and Ankur Agarwal also parted ways with the company.

Biswas is the latest and the last co-founder to leave Dunzo after Mukund Jha, Dalvir Suri and Ankur Agarwal left the company as it struggles to stay afloat.

Embattled instant delivery firm Dunzo founder and CEO Kabeer Biswas is stepping down from his role, sources told TOI.

This follows nearly 12–18 tumultuous months for one of the early movers in the quick commerce business. The discussions come at a time when the sector is witnessing heightened activity and peak investor interest.

The Bengaluru-based quick commerce platform has faced a challenging period over the last 12–18 months, marked by cash flow issues and difficulties in raising fresh funds.