News · Enterprise Software & IT
Dukaan co-founder sells property to buy motorcycle
By Startup Enthusiast ·
- 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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