Their VC funding is drying up, and finding investors for next rounds is proving difficult because of the macroeconomic conditions (apart from glaringly obvious reasons like their hype has died down since it's not 2020 anymore).
Twitter has launched Ads Revenue Sharing where users with enough engagement get paid by Twitter. This is Dukaan leadership's last resort to sort of "bootstrap" themselves.
The income from Twitter is probably what helped Dukaan become profitable a few days ago.
What do you folks think?
Don't know if its true, but its a great conspiracy theory.
Moonlighting on Twitter. 😅
Moonlighting to keep the lights on is not uncommon among early age startups. Zerodha founders used to day trade to fund their company in initial days.
Dukaan founders are not that bright but they are managing with what they know.
When I see such founders, my only wish is that someone either kicks then out of their company or the startup closes down. This guy having spoken to him personally, is a snake 🐍. Nothing else describes him better
Iska jawab to ek hi banda de ve
Don't think they are profitable
Why do people like Dukaan's founders receive funding so easily? Don't we have brilliant minds or promising startups in India, or is it the fault of short-sighted VCs who have money but lack vision?
Isne Twitter post auto trigger pe rakh diya tha. if profit > 0 { postOnTwitter(); } else { initiateLayo...
The company had more than 6 layoffs in the past 10 months. Right from office boys to the company COO was affected by the layoff. The recent layoff happened 10 days back, where the company didn't pay their employees a single dime and ins...
If we actually think about it, this is even worse than Byju’s. No severance, long-standing pay cuts, and direct/indir...
I am Thankful to the funding winter it has revealed true colors of so called Founders, who would not stop talking about culture, Growth, scale etc on Twitter and LinkedIn
Take Byjus, for instance, they claim to be revolutionizing educa...
Once the posterboy of vc funded fast growing startups, Khatabook has grown quite. Anyone has an idea what's happening? I have heard from somewhere they have become profitable on the back of lending to shopkeepers.
