Dil Mil founder K.J. Singh discusses user churn and retention rates on the dating app with Nathan Latka.
0:00 / 0:02exact quote · 2.1s
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“Yeah, we're at about 80%.”
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More from K.J. Singh
AssertionNot checkable as stated
Singh says Dil Mil users retain for four months on average
“It's about four months. Industry average is about three months.”
K.J. SinghJun 21, 2016▶ 13:24South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh
AssertionSupported
Singh: Over 90% of South Asians marry within their community
“One of the things that's really relevant to South Asian industry, South Asian market is that 90%, over 90% of South Asians marry and date within their community.”
K.J. SinghJun 21, 2016▶ 6:07South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh
AssertionSupported
Singh: Dil Mil has raised $3.8M across two funding rounds
“And May, 2015 we raised 1.1 million. Last month we just closed another 2.7 million. So in total we raised 3.8.”
K.J. SinghJun 21, 2016▶ 7:15South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh
AssertionSupported
Singh: Dil Mil limited daily likes well before Tinder did
“We were doing this well before Tinder was actually doing this in terms of limiting their likes because Tinder had, for the longest time had unlimited”
K.J. SinghJun 21, 2016▶ 8:43South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh
Disclosure
Singh: Dil Mil's average subscription is at least $10 per month
“So, you know, various different pricing points, but our average right now is at least 10 dollars a month.”
K.J. SinghJun 21, 2016▶ 9:40South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh
AssertionNot checkable as stated
Singh: Dil Mil is at a $500,000 annual revenue run rate
“So we, we're at a half a million run rate right now annually.”
K.J. SinghJun 21, 2016▶ 10:08South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh
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