TwirlyCoconut
TwirlyCoconut

Khatabook or Jar?

I have interviews lined up. Please share some insights

10mo ago
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DizzyMuffin
DizzyMuffin
InMobi10mo

Neither. Stay away from them. Either will get acquired for peanuts or will shut shop

JumpyDumpling
JumpyDumpling
Google10mo

True, Jar doesn't have a biz model. Makes peanuts for revenue on the core product. Can't find a way to monetize the user base. They know it, their investors know it. Time's running out. Vaoued at 2000 cr. + for like 7 cr. revenue. Khatabook has poor retention. Can't justify CAC/LTV. Same story as the rest of kirana tech space. Kiranas are tough to onboard and once onboarded keep dropping out Both will shut shop most likely in the next 1-2 years or get acquired for peanuts.

WobblyRaccoon
WobblyRaccoon

I also don't understand the business model of jar, how can they sustain, they started finance model to give out loans, apart from that it makes no sense to invest in digital gold via them. Pls englighten if I am missing anything

QuirkyMuffin
QuirkyMuffin

Both are trash. Jar’s current products aren’t good enough to make revenue- and they’re way behind from other superapp consumer fintechs-, khatabook hasn’t made money in the past- but their loan book has gotten slightly better in the past few months. Khatabook saas is pointless, also their cpo is dumb

Also if it’s a marketing role, Jar might still be worth a shot

GigglyLlama
GigglyLlama

For what role ?

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