Dalvir Suri, one of the Co-Founders of Dunzo, is preparing to step down from his role after dedicating more than six years to the startup. This announcement was conveyed to the company’s employees via an email from CEO Kabeer Biswas on October 1.
Suri became a part of the hyperlocal delivery platform in May 2015, when Dunzo was in its early stages, primarily accepting orders through WhatsApp. As one of the Co-Founders, he collaborated closely with Biswas, Ankur Aggarwal, and Mukund Jha.
Despite Dunzo having four Co-Founders, only Biswas holds equity in the company. The remaining Co-Founders, Suri, Aggarwal, and Jha, receive fixed salaries, which Dunzo has postponed on several occasions in the past.
Suri’s exit coincides with a challenging period for the financially-strained company, as it has been striving to maintain its operations while simultaneously navigating a fundraising process.
“As many of you are aware, Dalvir (Suri) has been taking some time off over the last few weeks, and will be moving on from Dunzo,” Biswas said in his email to employees.
During a company-wide meeting scheduled for later this week, Dunzo will update its employees about the organizational adjustments that will follow Suri’s departure.
“Dalvir (Suri) has been instrumental in building out every new line of business at Dunzo. He has been the key zero to one person from the founding team that just gets things Dun. He has been meaning to take a break for sometime now – and with six plus years spent building Dunzo, he plans to move forward to pursuing new journeys,” the email added.