What's happening at Apna Jobs
Heard that the work environment is toxic and they are pivoting to a new revenue model. What's in store,
RedLesson82
How is Apna tripling revenue? Is this for real?
12mo ago
Capische
Stealth12mo
3 main factors:
Laying off 50% of the staff. Increase in interest rates as money raised is kept in US. Depreciation of INR against the dollar.
P.S. - Revenue from sales is flat rather has declined.
AlphaGrindset
Series A Startup12mo
Wait this revenue is interest on their funds raised? 🤔
AITookMyJob
Startup12mo
Hard to believe they earned INR 125 Cr just from interest and forex appreciation. How much do they have in the bank?
baatli_wala
Amazon12mo
I can smell something phishyyy... Not sure what it is but it is...
KanyeEast
Flipkart12mo
Can’t assume they haven’t cooked the numbers.
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AppsforBharat culture and financial condition
I am interviewing at AppsforBharat. Is there anyone who is working there or used to and can shed some light on the work culture and financial situation of the company?
BharatPe's FY24 Revenue Skyrockets to INR 1,426 Cr
- BharatPe's FY24 revenue surged 39% to INR 1,426 Cr from INR 1,029 Cr in FY23.
- EBITDA loss, excluding share-based payment expenses, dropped 75% to INR 209 Cr.
- Pre-tax loss halved to INR 941 Cr from INR 474 Cr in FY23.
- The finte...
Apna is heading for a cliff!
A thread:
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Over the last 2 months, the Chief Business Officer, Head of Marketing, and Head of Enterprise have been laid off.
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CEO has surrounded himself with 3-4 Yes Men/Women who have no expertise in the respective domains tha...