One of its cofounders, Dalvir Suri, has quit the hyperlocal shipping startup Dunzo, based in Bengaluru, during ongoing issues.
CEO Kabeer Biswas notified the staff about Suri’s departure in an email dated October 1. Suri’s departure occurs at a time when Dunzo is facing challenges for a number of issues, including delayed pay for staff and difficulties with fundraising, as reported by The Economic Times.
Suri had been a cofounder of Dunzo for six years and played a key role in the B2B delivery division, Dunzo Merchant Services (DMS), which has become the company’s main source of revenue.
Over the last year, the company in crisis has drastically scaled back its quick commerce businesses to save funds.
The CEO said Suri had been instrumental in building every new line of business at Dunzo. “He has been the key zero-to-one person from the founding team that just gets things done. We are doing some organization-wide restructuring from this quarter and the DMS business has very capable leadership that’s picking up directly from him,” said Biswas, said to ET.
Hyperlocal delivery services were provided by Dunzo, which began operations in 2014. Later, it developed into last-mile B2B delivery with rapid commerce.