Dunzo co-founder Kabeer Biswas to head Flipkart Minutes

Dunzo co-founder Kabeer Biswas has informally agreed to join Flipkart to head its quick-commerce vertical Minutes, according to sources aware of the matter. However, Biswas, who holds a 3.39% stake in Dunzo, remains tied to the company he founded in 2014 by necessity, as corporate law requires a minimum of two directors, preventing his departure until either a sale is completed or the company is liquidated. His appointment at Flipkart Minutes is subject to Dunzo’s board formally approving the plan to sell, and him producing this approval to Flipkart, they added.