Bengaluru-based retail tech startup Dukaan has laid off at least 60-80 employees this week, according to sources. The layoffs have affected multiple departments, including sales, business development and operations, two sources aware of the development confirmed to FE.
This is the second round of layoffs at the startup. It had laid off around 23 employees in September last year. At that time, the company said since it was shifting its focus from small kiranas to direct-to-consumer (D2C) brands and small and medium businesses (SMBs), it had to shed a few roles.
Dukaan CEO and co-founder Suumit Shah confirmed the recent layoffs. He said that the startup has shifted its focus to working with large D2C brands and SMBs which are willing to pay for software tools and online storefronts tools, rather than just its earlier focus on small kiranas where monetization was challenging.
“We are growing our revenues at a healthy pace, ever since we shifted our focus to large brands. We have also been able to move some large brands who earlier worked with apps like Shopify to our own platform. Our latest funding round is almost done, and we plant to use the incoming funds to expand into new geographies within India and in the US as well,” he added.
