Suumit Shah is the Founder and CEO at Dukaan App. A DIY (Do It Yourself) platform that enables merchants with zero programming skills to setup their e-commerce store using smartphones.
|Born||25 December 1990, Maharashtra|
|Height||5 ft 11 inches(180 cm)|
Suumit Shah is the Founder and CEO at Dukaan App. Suumit Shah, now known as the Dukaan founder was born on 25 December 1990 His age is 33 years .The Dukaan was founded in the year of 2020.
Suumit Shah coming from a middle-class family in Mumbai, he had his own ups and downs. His brother name is Piyush shah. And the friend name of Suumit shah is Subhash who is the co-founder of Dukaan App.
After his schooling, he used to work in his uncle’s shop nestled in Satara, Maharashtra. He completed his engineering degree in Sangli and as a quick learner, he learned digital marketing and web designing & development courses from one of his roommates in college.
After learning major courses online, Suumit worked with various big corporations like Mcdonald’s, Cred, and many others. Suumit then went on to start his own business under the name Risemetric, along with his friend and CTO Subhash Choudhary, a college dropout who turned out to be a hardcore techie in 2014
Dukaan founder Suumit met Subhash Choudhary through Facebook in 2014. Subhash belongs to a small town in Bihar. Losing his father just at the age of 3, Suumit managed to study up till the age of 17. Once he finished his schooling, he came to Mumbai in search of a job. Suumit was a tech- savvy and thus enrolled in computer hardware and networking course. His talent was soon recognized as he was hired by an MNC in Mumbai.
Suumit met Subhash in during his computer course, plus both had an eye for digital marketing. They soon cherished their friendship and turned it into a partnership with a marketing agency called Risemetric, as mentioned above. After running the agency successfully, they both launched Dukaan App in May 2020. Dukaan was arguably innovative and became a ‘successful startup’ within no time.
The Launch of Dukaan App
India’s most popular digital DIY platform, the Dukaan app was launched in May 2020. The app enables merchants, retailers, and other people with zero programming skills to set up their own eCommerce store. The app allows merchants to set up their business within 30 seconds. The motive behind launching this app was to help offline business owners to come online. Within 20 days of the launch, more than 1.5 lakh online stores were created on the app, 5 lakh products got listed, and more than 75K orders were placed through Dukaan App.
This O2O (Offline to Online) e-commerce channel enabled small and medium-sized retailers to continue their business even during the time of the coronavirus pandemic. The app empowered almost 2 million small and medium-sized businesses across India to commence and grow their business over the internet.
The Success of Dukaan App
Dukaan founder, Suumit Shah earned success in 2020 only with the imposition of lockdown across the country. Today, the Dukaan App has more than 2M stores and 7M products added to 40 different categories of businesses. The app covers more than 400 cities and got more than 75,000 orders. In simple words, the app is empowering India’s small businesses to go online and ushering in the idea of ‘Digital India’ in the true sense. Moreover, the idea of Digital India can be seen in Suumit’s notable work.
Net Worth of Suumit Shah
Dukaan has set up an online store for her , created the whole infrastructure to digitise her inventory and enabled her to earn INR 30,000-40,000 in a month. She needed to acquire no software skills or learn any coding for her online store to be up and running and receive orders and payments online , through UPI.
Suumit Shah’s shareholdings and portfolio as on December 31, 2022. As per corporate shareholdings filed for December 31, 2022, suumit shah publicly holds 1 stocks with a net worth of over Rs. 287.3 Cr.
|Net Worth||$1.2 Billion|
|Net Worth In Indian Rupees||Rs. 286.6 Cr.|
|Yearly Income||Not Known|
Social Media of Suumit Shah
FAQ (Frequently Asked Questions)
1. Who is the owner of Dukan?
Ans. Suumit Shah-Founder.
2. Where is Dukaan startup?
Ans. Dukaan is an Indian e-commerce startup headquartered in Banglore .
3. What is the legal name of Dukaan company ?
Ans. The legal name of Dukaan is Growthpond Technology Private Limited .
4.How much commission does Dukaan take ?
Ans.1.49% Transaction Fee on Dukaan Pay. 0% Additional Fee on other Payment Providers.
5.What is Dukaan startup?
Ans.Dukaan is a DIY platform which enables merchants with zero programming skills to set up their e-commerce store using smartphone.
6.How many employees does Dukaan have?
Ans. Dukaan employs 51 to 200 employees in India.