62: From $25,000 a Month in College to Building $100M Startup w/ Suumit Shah - Founder of Dukaan [Hindi]

Billion Moonshots

Suumit Shah is the CEO & founder of Dukaan - a $100M startup which enables merchants to set up online stores and sell products digitally.

We talk about building a fast-growing startup during the pandemic, how Dukaan helped millions of small businesses go online, the Shark Tank India effect, hiring a badass team, making $25,000 per month in college & more.

SPONSORS

BridgeUp: DM Prashant on Twitter to raise $100,000+ in non-dilutive capital

Listnr: https://listnr.tech/?via=prashant

Dukaan: https://mydukaan.io/

Recast: https://recast.studio/

CONNECT

Follow Suumit Shah : Twitter / LinkedIn / Instagram / Medium

Follow Prashant Bagga

OUTLINE

(0:00) Growing Dukaan at the start of pandemic
(4:50) Dukaan vs Amazon
(7:55) Why Shopify lost to Dukaan in India
(11:01) Unlocking growth for new merchants
(13:20) Why WhatsApp Business won't be successful
(17:59) When a Dukaan merchant went on Shark Tank
(20:45) The Shark Tank India Effect
(26:06) Why no WFH option
(28:21) The Recursive Hiring Strategy
(29:41) Expanding to 150 countries
(34:45) The Clickbaity Tagline - Launch store in 30 secs
(36:10) Dukaan-Tech category
(39:03) Making $25K/month in college
(44:38) Making $3M in the first year of SEO agency
(47:48) How to Win the SEO Game
(58:14) The dark side of SEO agencies
(1:02:23) How does money change your life?
(1:05:33) Time & Productivity
(1:07:41) Wanna work at Dukaan? Stand out with this one skill

Past guests of Billion Moonshots include Suumit Shah, Natalie Brunell, Chirag Taneja, Suhas Motwani, Aditya Mohanty, Jan-Philipp Peters, Mo Islam, Peer Richelsen, Justin Nguyen, Paul Griffiths, Gautam Gupta, Sang Le, Rahul Rana, Grace Ling, Joseph Choi and many more.