When was Dukaan founded?

Dukaan was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Dukaan located?

Dukaan is headquartered in Bengaluru, India. It is registered at A-294, Sector-8, Dwarka, New Delhi-110077, South Delhi, Delhi, Delhi, India, 110077.

Who is the current CEO of Dukaan?

Sumit Rajendra Shah of Dukaan. They are also an angel investors in 1 startup.

Which legal entities is Dukaan associated with?

Dukaan is associated with GROWTHPOND TECHNOLOGY PRIVATE LIMITED and 1 other.

How many employees does Dukaan have?

As of Apr 30, 2026, the latest employee count at Dukaan is 2.

Is Dukaan a funded company?

Dukaan is a funded company, having raised a total of $18.6M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 15, 2019.

How much is Dukaan worth?

The latest valuation of Dukaan is ₹***** as of Jan 06, 2023.

When was the latest funding round of Dukaan?

Dukaan's latest funding was a $***** Seed round on Aug 13, 2022, with participation from 6 investors.

What is the annual revenue of Dukaan?

Annual revenue of Dukaan is between ₹10 Cr and ₹50 Cr as on Mar 31, 2023

Where does Dukaan rank among its competitors?

Dukaan ranks 57th amongst 1764 active competitors, of which 199 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Cart.com, which secured $180M in Mar, 2026.

Who are the top competitors of Dukaan?

Dukaan's top competitors include Shopify, Squarespace and BigCommerce. Among them, Cart.com secured the most recent funding round in March, 2026.

Dukaan - 2026 Company Profile, Team, Funding, Competitors & Financials

Dukaan is a seed company based in Bengaluru (India), founded in 2019 by Sumit Rajendra Shah and Kaustub Pandey. It operates as a Provider of an enterprise ecommerce platform for businesses to launch and manage online stores. Dukaan has raised $18.6M in funding from investors like Sequoia Capital, Venture Catalysts and Lightspeed, with a current valuation of ₹*****. The company has 1764 active competitors, including 199 funded and 150 that have exited. Its top competitors include companies like Shopify, Squarespace and BigCommerce.

Company Details

Provider of an enterprise ecommerce platform for businesses to launch and manage online stores. The platform offers fully responsive website and mobile app development, bulk product and inventory management, and integrated payment gateways. It provides tools for order tracking, invoicing, and business analytics, along with multi-warehouse support and automated tax calculations. Businesses can utilize customizable themes and third-party plugins to enhance storefront functionality and optimize the shopping experience for customers.

Website: mydukaan.io
Social
Email ID: *****@mydukaan.io
Part Of
Registered Address: A-294, Sector-8, Dwarka, New Delhi-110077, South Delhi, Delhi, Delhi, India, 110077

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Seed

Total Funding

$18.6M in 5 rounds

Latest Funding Round

Seed, Aug 13, 2022, $*****

Post Money Valuation

₹***** as on Jan 06, 2023

Investors

Sequoia Capital & 107 more

Ranked

57^th among 1764 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

2 as on Apr 30, 2026

Similar Companies

Shopify & 2097 more

View Dukaan's full profile

Dukaan is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DUKAAN RESOURCES PRIVATE LIMITED CIN: U74999DL2011PTC223033 , India, Active	Jul 30, 2011	₹10 - ₹50 Cr (As on Mar 31, 2019)	-
GROWTHPOND TECHNOLOGY PRIVATE LIMITED CIN: U72900MH2019PTC326468 , India, Active	Jun 10, 2019	₹10 - ₹50 Cr (As on Mar 31, 2023)	4 (As on Aug 01, 2025)

Dukaan has raised a total funding of $18.6M over 5 rounds. Its first funding round was on Nov 15, 2019. Its latest funding round was a Seed round on Aug 13, 2022 for $*****. 6 investors participated in its latest round. Dukaan has 59 institutional investors and 49 angel investors.

Here is the list of recent funding rounds of Dukaan:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 13, 2022	5357857	Seed	3656981	2190114	4424652	4792471
Oct 05, 2021	4516372	Angel	6535738	1280326	7057764	9864611
Sep 06, 2021	6671425	Seed	4332154	3570451	Gaurav Singhvi Ventures	Lightspeed Venture Partners & 37 more

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View details of Dukaan's funding rounds and investors

The founders of Dukaan are Sumit Rajendra Shah and Kaustub Pandey. Sumit Shah is the CEO of Dukaan.

Here are the details of Dukaan's key team members:

Sumit Rajendra Shah: Co-Founder & CEO of Dukaan and founder of 2 other companies, Rankz and Risemetric. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses and 2 phone numbers
Kaustub Pandey: Former Co-Founder of Dukaan.

Dukaan's Board of Directors

Dukaan's board has 2 active members. Sumit Rajendra Shah and Subhash Chandra Choudhary are part of team.

Here is the list of Dukaan's board of directors:

Name	Type	Representing	Status	Duration
Sumit Rajendra Shah	Team	-	Current	7y 2m
Subhash Chandra Choudhary	Team	-	Current	7y 2m

View details of Dukaan's Founder profiles and Board Members

Dukaan's employee count trend

Dukaan has 2 employees as of Apr 26. The total employee count is 75.0% lower than what it was in Apr 25. Here is Dukaan's employee count trend over the years:

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Top competitors of Dukaan include Shopify, Squarespace and BigCommerce. Here is the list of Top 10 competitors of Dukaan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shopify 2006, Ottawa (Canada), Public	Provider of an all-in-one commerce platform for businesses of all sizes	$122M	Georgian, Insight Partners & 19 others	87/100
2nd	Squarespace 2003, United States, Acquired	Provider of tools for website creation, hosting, and online business	$591M	General Atlantic, T. Rowe Price & 20 others	83/100
3rd	BigCommerce 2009, Austin (United States), Public	Provider of ecommerce platform and related services for online businesses	$233M	Goldman Sachs, Floodgate & 13 others	74/100
4th	ShopUp 2017, Dhaka (Bangladesh), Series B	Retailer of neighborhood shops and clothing	$198M	Valar Ventures, Flourish & 12 others	73/100
5th	aCommerce 2013, Bangkok (Thailand), Series C	Provider of end-to-end e-commerce solutions, encompassing management and business insights	$119M	Emerald Media, Sinar Mas & 17 others	73/100
6th	AnyMind Group 2016, Minato (Japan), Public	Provider of e-commerce, marketing, and manufacturing platforms	$91.7M	Nomura, Mirai Creation Fund & 15 others	72/100
7th	CommerceIQ 2012, Mountain View (United States), Series D	Provider of unified AI platform for retail ecommerce sales and optimization	$196M	Shasta Ventures, Insight Partners & 6 others	71/100
8th	WooCommerce 2008, Cape Town (South Africa), Acquired	Developer of an open-source platform for customizable ecommerce solutions	-	TeamX	69/100
9th	Cart.com 2020, Houston (United States), Series D	Provider of unified commerce and logistics solutions for business growth	$735M	B. Riley Financial, Trinity Capital & 47 others	69/100
10th	etaily 2020, Metro Manila (Philippines), Series A	Provider of software suite solutions for e-commerce businesses	$24M	SKS Capital, Ayala & 17 others	69/100
57th	Dukaan 2019, Bengaluru (India), Seed	Provider of an enterprise ecommerce platform for businesses to launch and manage online stores	$18.6M	Lightspeed, Lightspeed Venture Partners ... & 106 others	53/100

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Founders own 29.29%, Funds (largest shareholder) own 38.87%, Enterprises own 2.84% and Angels own 7.82%. The net worth of Dukaan's founders is INR 169Cr as of Jan 06, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	29.29%	169Cr	2014235	7407319	3555797	2430053
Sumit Shah	5006801	9949977	3039990	2793636	8459697	4414764
Fund	38.87%	224Cr	8482552	7581929	4920902	6281686
Lightspeed Venture Partners	7655801	3704609	9475993	6229519	3357927	1933345
Sequoia Capital	947	414	754	911	319	461
Z Nation Lab	4	1	8	3	8	8
Venture Catalysts	0	0	0	0	0	0
Enterprise	2.84%	16.4Cr	31	65	73	49
Angel	7.82%	45Cr	3851545	1510721	7769235	2261136
Other People	6.06%	34.9Cr	474310	568309	366632	193987
ESOP Pool	15.13%	87.1Cr	5989582	1395298	1706114	1441527
Total	100.00%	576Cr	3234960	4084143	2281448	2952069