Does anyone know what’s happening at Apna?
Any tea or news about what’s happening at Apna?
ericcartmanchan
Stealth
a year ago
There was a morning context article some time back about how the unicorn story fell flat, layoffs happening and are changing the biz model to compete with naukri against odds as per industry experts.
LivelyClue57
Stealth
a year ago
Yeah this was back in March 2023
Wanted to know what happened since then
ericcartmanchan
Stealth
a year ago
Last I heard was about more senior level exits, product shutdowns and folks are all looking out - similar to all struggling scaleups.
Afaik, they're trying to get into grey collar jobs. We can only wait and watch if they succeed
LivelyClue57
Stealth
a year ago
Do they have runway?
I'm not familiar with that but my guess is after raising 100 mil they should have enough after making deep cuts to last 12+ months.
The more they downsize the more runaway
I have heard the founder is not based in India anymore and moved to the US
This could be just gossip though
ericcartmanchan
Stealth
a year ago
Runway is moot if the founder can't sell a convincing roadmap to revenue/profitability.
The day this ceases, investors will take over and shut shop, sell for scrapes and recoup the runway.
LivelyClue57
Stealth
a year ago
Do you foresee this happening soon?
Will apna turn into zombiecorn?
GeneralZod
Stealth
a year ago
Apna sapna money money
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