LivelyClue57
LivelyClue57
Stealth

Does anyone know what’s happening at Apna?

Any tea or news about what’s happening at Apna?

17mo ago
ericcartmanchan
ericcartmanchan
Stealth17mo

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
LivelyClue57
Stealth17mo

Yeah this was back in March 2023 Wanted to know what happened since then

ericcartmanchan
ericcartmanchan
Stealth17mo

Last I heard was about more senior level exits, product shutdowns and folks are all looking out - similar to all struggling scaleups.

Neo69
Neo69
InMobi17mo

Afaik, they're trying to get into grey collar jobs. We can only wait and watch if they succeed

LivelyClue57
LivelyClue57
Stealth17mo

Do they have runway?

Neo69
Neo69
InMobi17mo

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

ericcartmanchan
ericcartmanchan
Stealth17mo

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
LivelyClue57
Stealth17mo

Do you foresee this happening soon?

Will apna turn into zombiecorn?

AlphaGrindset
AlphaGrindset
Series A Startup17mo

I have heard the founder is not based in India anymore and moved to the US

This could be just gossip though

Spicymango9867
Spicymango9867
Capri Global Capital Limited17mo

Andaz apna apna

Discover more
Curated from across