DMCA.com Protection Status How Kabeer Biswas Turned A WhatsApp Group Into Rs 6,400 Crore Company – News18 – News Market

How Kabeer Biswas Turned A WhatsApp Group Into Rs 6,400 Crore Company – News18

How Kabeer Biswas Turned A WhatsApp Group Into Rs 6,400 Crore Company - News18

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Curated By: Business Desk

Last Updated: December 05, 2023, 11:08 IST

Kabeer is an MBA from the Narsee Monjee Institute of Management Studies.

Kabeer is an MBA from the Narsee Monjee Institute of Management Studies.

Dunzo made history as the first Indian tech company to secure funding from Google in 2017, accumulating a total of $700 million in funding by January 2022.

An idea has the power to change lives. Kabeer Biswas stands as a living example of this adage, having initiated his local delivery venture from a modest WhatsApp group, now amassing a net worth of $775 million. Let’s take a look at the success story of Dunzo’s owner, Kabeer Biswas.

Born in 1984, Kabeer lost his father at the tender age of 19, with his mother taking on the responsibility of caring for him. He pursued a Bachelor of Electronics in Computers at the University of Mumbai (2000–2004) and subsequently earned his MBA from the Narsee Monjee Institute of Management Studies.

Kabeer started his professional journey post-MBA in 2007, joining Bharti Airtel Limited as a rural NPD. Within two years, he was promoted to roles involving social, community and location-based services.

He moved on to Videocon Telecommunications Limited, engaging in New Product Development for nearly three months starting October 2010. Following this job, Kabeer delved into Y2CF Digital Media Private Limited’s product area. There, he founded Hoppr, a company later acquired by Hike in 2014. Gaining all these experiences, Kabeer founded Dunzo, his local delivery setup, in January 2015, initially beginning from a small WhatsApp group.

According to reports, Kabeer believed that, especially in the delivery and logistics space, if not all systems worked in tech-based businesses, customer service should prevail. Driven by this vision, he envisioned Dunzo to serve people in need of efficient delivery services.

Dunzo’s delivery services now cater to top cities such as Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad. While the services initially targeted affluent areas in Bengaluru, including Indiranagar, Koramangala and the central business district, the goal was to streamline everyday tasks for users.

Dunzo made history as the first Indian tech company to secure funding from Google in 2017, accumulating a total of $700 million in funding by January 2022. In January 2022, Reliance Retail further backed Dunzo with an investment of $240 million.

In a recent media interaction, Kabeer talked about Dunzo’s focus on enhancing the efficiency of offline local businesses over the past year. He aims to optimise the local economy substantially.

Kabeer Biswas’s primary motivation behind Dunzo was to save people’s time. This hyperlocal delivery startup facilitates the seamless transfer or delivery of desired products or parcels across various city corners with a simple click. Reports indicate that Dunzo boasts a net worth of $775 million (around Rs 6,400 crore).

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