FuzzyPenguin
FuzzyPenguin

Does anyone know what’s happening at Apna?

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

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DancingUnicorn
DancingUnicorn

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.

FuzzyPenguin
FuzzyPenguin

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

DancingUnicorn
DancingUnicorn

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

CosmicDumpling
CosmicDumpling
InMobi25mo

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

FuzzyPenguin
FuzzyPenguin

Do they have runway?

CosmicDumpling
CosmicDumpling
InMobi25mo

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

DancingUnicorn
DancingUnicorn

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.

FuzzyPenguin
FuzzyPenguin

Do you foresee this happening soon?

Will apna turn into zombiecorn?

WigglyBanana
WigglyBanana

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

This could be just gossip though

GoofyPanda
GoofyPanda

Andaz apna apna

SnoozyJellybean
SnoozyJellybean

Apna sapna money money

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