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News · Enterprise Software & IT

Dukaan co-founder sells property to buy motorcycle

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Dukaan logo
Date
Company
Dukaan
What it does
Enterprise ecommerce platform for businesses
Kind
News
Based in
Bengaluru
Founded
2020
Sector
Enterprise Software & IT

What they do

Dukaan provides an ecommerce platform helping businesses build online stores with features like tax automation, analytics, and mobile app support

What happened

Co-founder Subhash Choudhary sold a Mumbai property to buy a Ducati XDiavel motorcycle

Why it matters

The founder shared his personal lifestyle decision on social media after moving from Mumbai to Bengaluru to build the startup

The details

  • Dukaan co-founder Subhash Choudhary sold his Mumbai property to purchase a Ducati XDiavel motorcycle.
  • The property was originally acquired by the founder in 2018 for ₹1.8 crore.
  • Choudhary previously managed a monthly home loan EMI exceeding ₹1 lakh for the property.
  • The founder announced his decision to trade the real estate asset for the motorcycle on X.
  • The Ducati XDiavel features a 1,262cc V-twin engine capable of producing 156 horsepower.
  • Choudhary engaged with the public by allowing an elderly man to hear the engine and an enthusiast to ride the bike.

The bigger picture

  • Subhash Choudhary co-founded Dukaan in 2020.
  • The founder relocated from Mumbai to Bengaluru to focus on building the startup.

About the business

  • Dukaan operates an enterprise ecommerce platform for businesses to create online stores.
  • The platform provides mobile app support and is available on Android and iOS.
  • Key technical features include 6X faster load times and 99.5% uptime.
  • The service offers over 60 plugins, multi-warehouse management, and tax automation tools.
  • Clients include brands like Lemonade, WOW Skin Science, and Jain Shikanji.
  • Customer Lemonade reported a 27% increase in traffic and 52% daily revenue growth.
  • Customer Jain Shikanji achieved a 30x increase in orders following a television appearance.

The deal

Type
other

Founders

  • Subhash Choudhary, Co-founder
  • Suumit Shah, Co-founder

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