11 Questions With : Ravi Mittal, CEO of Quack Quack
Updated on: 30 Jun 2016
1. TELL US ABOUT YOUR STARTUP? IS THERE A UNIQUE PROBLEM, THE STARTUP IS SOLVING? Online dating can exhaustive for users. Add to that the issues with creeps, fake profiles, abuse, unmoderated photos and content and on top of this the chances of getting responses are very rare which drains you out.
We at QuackQuack.in, aim to solve this problem by allowing only screened, verified and moderated profiles and aim at getting maximum responses to users while spending lesser time on our app. There should be one dating app for Indians which eventually works and that is QuackQuack.
2. WHAT GOT YOU TO STARTUP? TELL US THE STORY BEFORE STARTING UP? ( ANY ANECDOTES) I started working at the age of 16 with my father in his business. I was managing our automobile batteries manufacturing business. Eventually, my social circle shrunk and I was out looking to make new friends or find a date online in 2010. To my surprise, there were hardly any dating platforms dedicated to Indians. Most of people I knew would flock to Facebook, Shaadi.com, etc to find someone or some shady US dating site which had numbered Indian users. That is when I thought of building a dating platform which would be dedicated to singles in India where finding a genuine date would be easy. Thus came the idea of QuackQuack. I knew my passion was towards building this platform than focusing in our family business. My parents supported me and I immediately rented out a 2BHK and hired a small development team in-house and started building QuackQuack.
3. TELL US ABOUT THE ADDRESSABLE MARKET AND UNDERLYING OPPORTUNITY YOU ARE GOING AFTER. We have crossed a total of 1.4 million registrations on QuackQuack this month. We added 800,000 users alone in last 12 months which shows the tremendous growth opportunity we have. We are aiming to add 5 million users in the next 3 years. The opportunity with online dating in India has just begun to see light as we are seeing the avg. Age of our users dropping from 29 yrs to 27 yrs in the last few years. And with millennials turning 18 in three years from now, dating will be the first priority for single Indians.
4. TELL US ABOUT YOUR TEAM, HOW DID THE CO-FOUNDERS COME TOGETHER? (ANY ANECDOTES)