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Indian Startups
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SillyQuokka
SillyQuokka
Stealth

What is Apna (ApnaJob) upto?

Do you think they can survive the funding winter given that they are in a market (blue/grey collar) which is tough to monetize?

29mo ago
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QuirkyPotato
QuirkyPotato
Stealth29mo

Dead unless they can raise. Even if they can raise it's a zombiecorn.

The app is supposed to be linkedin for blue/grey collar in india. However user retention is awful. Like, worse than a loan app. Users on decline for last 1y.

SillyQuokka
SillyQuokka
Stealth29mo

Oh, have you worked with them? What are all their big investors saying. They are a “unicorn” after all

QuirkyPotato
QuirkyPotato
Stealth29mo

Why would you listen to anything investors say. They will say nothing except good things.

Listen to the customers of apna. They think it's a fraud. Many job listings on the platform are fake. Why should people need to pay to get interviews anyway.

SleepyNugget
SleepyNugget
Amazon29mo

Hard to make money through any hiring product in this tight white collar market.

Also in blue collar revenues are very low

SillyQuokka
SillyQuokka
Stealth29mo

True that, especially blue collar where they operate

JumpyHamster
JumpyHamster
Stealth29mo

I think they have revenue from b2b products. I have seens companies like amazon using them to hire folks in bulk

SillyQuokka
SillyQuokka
Stealth29mo

Ya, but is it substantial or just 2-3 cr

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Curated from across
Indian Startups
Indian Startups27mo
by PeppyMochiProject Manager

Apna is heading for a cliff!

A thread:

  1. Over the last 2 months, the Chief Business Officer, Head of Marketing, and Head of Enterprise have been laid off.

  2. CEO has surrounded himself with 3-4 Yes Men/Women who have no expertise in the respective domains tha...