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 Shah of Dukaan. They have also founded 1 company and are 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, Dukaan has 2 employees, reflecting a 75% year-over-year decline in headcount.

Is Dukaan a funded company?

Dukaan is a funded company, having raised a total of $18.6M across 6 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. Its primary sector is B2B E-Commerce. In India, the B2B E-Commerce sector has seen $428M in funding in 2026 to date.

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 1958 active competitors, of which 199 are funded. It stands 9th 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, aCommerce and AnyMind Group. 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 Shah, Subhash Choudhary 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, Lightspeed and Venture Catalysts, with a current valuation of ₹*****. The company has 1958 active competitors, including 199 funded and 151 that have exited. Its top competitors include companies like Shopify, aCommerce and AnyMind Group.

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 6 rounds

Latest Funding Round

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

Post Money Valuation

₹***** as on Jan 06, 2023

Investors

Sequoia Capital & 89 more

Ranked

57^th among 1958 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

2 as on Apr 30, 2026

Similar Companies

Shopify & 2287 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	Reports
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 6 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 51 institutional investors and 39 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	6319723	Seed	2578495	7208615	1162620	6073794
Oct 05, 2021	1621532	Angel	3965110	8482704	6125116	7339032
Sep 06, 2021	1405793	Seed	7704257	3072382	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 Shah, Subhash Choudhary and Kaustub Pandey. Sumit Shah is the CEO of Dukaan.

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

Sumit 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
Subhash Choudhary: Co-Founder & CTO of Dukaan.
Contact Info: 1 email address
Kaustub Pandey: Former Co-Founder of Dukaan.

Dukaan's Board of Directors

Dukaan's board has 2 active members. Sumit 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 Shah	Team	-	Current	7y 4m
Subhash Chandra Choudhary	Team	-	Current	7y 4m

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, aCommerce and AnyMind Group. 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, OMERS & 20 others	87/100
2nd	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	74/100
3rd	AnyMind Group 2016, Minato (Japan), Public	Provider of e-commerce, marketing, and manufacturing platforms	$91.7M	Nomura, JP Investment & 15 others	74/100
4th	Cart.com 2020, Houston (United States), Series D	Provider of unified commerce and logistics solutions for business growth	$735M	Trinity Capital, B. Riley Financial & 49 others	71/100
5th	BigCommerce 2009, Austin (United States), Public	Provider of ecommerce platform and related services for online businesses	$233M	Goldman Sachs, Floodgate & 15 others	71/100
6th	etaily 2020, Metro Manila (Philippines), Series A	Provider of software suite solutions for e-commerce businesses	$24M	SKS Capital, Ayala & 17 others	70/100
7th	ShopUp 2017, Dhaka (Bangladesh), Series B	Retailer of neighborhood shops and clothing	$198M	Valar Ventures, Flourish & 12 others	70/100
8th	WooCommerce 2008, Cape Town (South Africa), Acquired	Developer of an open-source platform for customizable ecommerce solutions	-	TeamX	69/100
9th	Bumpa 2020, Lekki (Nigeria), Seed	Provider of suite solution for businesses	$4.2M	Base10 Partners, Whogohost & 19 others	69/100
10th	SPS Commerce 1998, Minneapolis (United States), Public	Provider of cloud-based platform for retail supply chain management solutions	$50.5M	Axiom Venture Partners, Granite Partners & 6 others	68/100
57th	Dukaan 2019, Bengaluru (India), Seed	Provider of an enterprise ecommerce platform for businesses to launch and manage online stores	$18.6M	Lightspeed Venture Partners, peercheque & 88 others	52/100

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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. The cap table displayed below is for GROWTHPOND TECHNOLOGY PRIVATE LIMITED which is the legal entity associated with Dukaan.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	29.29%	169Cr	6734638	1421494	3325673	4526716
Sumit Shah	9596461	7602075	9947500	4485076	1034806	5694389
Subhash Choudhary	2644011	5114628	6008996	9365180	5539949	9661193
Fund	38.87%	224Cr	3851224	2942289	3912744	9460871
Lightspeed Venture Partners	1449691	3925933	5840575	2520359	2960955	5556261
Z Nation Lab	8	6	8	8	4	1
Venture Catalysts	0	0	0	0	0	0
Enterprise	2.84%	16.4Cr	11	18	93	78
Angel	7.82%	45Cr	5748002	4298326	3716486	6642727
Other People	6.06%	34.9Cr	927680	724036	960386	944410
ESOP Pool	15.13%	87.1Cr	9729740	1252557	3348977	9024853
Total	100.00%	576Cr	2381997	8552668	3112582	3818315