Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Aditya Tulsian

๐Ÿ‘ค Speaker
116 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

Hi, everyone.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

This is a pleasure being over here.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

Our company is called Numbers.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

And the way we do it is we are trying to create a platform for small and medium businesses in India and across the globe where they can manage their day-to-day cash flow.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

And the way we've generated revenue is by providing them both software as well as various financial services products that we get through partnering with financial institutions.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

It's like a 50-50 split.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

50% comes from the software as a service and 50% comes from the commissions that we get from the financial institutions.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

So let's take up a company called NH1 Design.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

NH1 is basically into graphic design and they go out and invoice big sort of corporate Fortune 500 customers for the design work that they do.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

Now, this NH1 Design basically uses our platform to create the invoices and send it to those

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

big corporates.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

Now, many of these corporates actually do not pay them before 60 days or sometimes even 90 days.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

So they then use our platform to get invoice discounting on these invoices that they've created against these big corporates.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

So not only does the small business actually benefit from a platform that's very simple to use and manage their invoicing process, but they actually then use our partnerships with financial institutions to actually get advances on those invoices.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

So it's basically receivable financing.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

So not only do we provide them the entire receivable management software, but you also get receivable financing through our partners.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

We basically currently have two pricing plans.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

The first pricing plan is pretty much premium, wherein if you're a young startup or you have a very simple business and you're not doing much volume, you can start using our platform for free of cost.

SaaS Interviews with CEOs, Startups, Founders
EP 577: Vinod Khosla, Others Invest $600k+ In Ex-Intuit Founder Providing Financing Against Invoices with Numberz CEO Aditya Tulsian

But then it sort of goes on to a paid version, which basically gets on to, in terms of Indian rupees, it is 10,000 Indian rupees per year, which is approximately 175 US dollars per year.

โ† Previous Page 1 of 6 Next โ†’