Anyone know what’s happening at APNA? Growth/funding/peoplewise?
Seeking insight on a, once-exciting, unicorn
Any tea or news about what’s happening at Apna?
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.
Afaik, they're trying to get into grey collar jobs. We can only wait and watch if they succeed
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.
Do you foresee this happening soon?
Will apna turn into zombiecorn?
I have heard the founder is not based in India anymore and moved to the US
This could be just gossip though
Andaz apna apna
Seeking insight on a, once-exciting, unicorn
First round happened in March. 130-140 engg. Around 40 engg were fired. Then some silent layoffs happened in different teams like hr. Then Few good enggs left the company. This week another round happened with around 20-25 enggs
‘Most overvalued unicorn’ You have any idea how little that narrows it down 😂