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Apoorva Mankad

๐Ÿ‘ค Speaker
156 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

It would be lovely if it worked out that way because the minute the customer goes in a higher slab, he squeezes you quite tight in terms of paying you.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

So he no longer pays you that 5 rupees, that 7 cents.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

He actually goes down to probably a cent or so.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Supply chain today has become a very crucial operation for every company post-COVID.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

And given the disruptions which are never ending today, there is a very key requirement for having a clear, visible supply chain across your network.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Today, people are paying us for using our system where we bring in large number of logistics partners onto a single platform and give them one single window by which they can look at any shipment as it moves across their supply chain and gives them a prediction if it's going to fail and it's going to be late and they can act on it before it's too late.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

So well, both are SaaS.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

We do everything in SaaS, cloud-based and software as a service is multi-tenanted.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

The world is multi-tenanted.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

You need to have everybody on the platform to make it happen.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

So it's naturally a SaaS software for all the work that we do.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Okay, so since we operate in the Indian market, our average customer typically pays us somewhere in the range of around $1,000 a month.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

That's a typical pay that we get from our customers today.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

On the higher side, it can go to $5,000 a month.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

On the lower side, it can go to as low as $500 a month.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

So we link to our growth with the growth of the customer.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

So we typically make them pay us by transaction.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

We do expect a certain minimum level of operation with us.

SaaS Interviews with CEOs, Startups, Founders
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

And as they grow, and we have a couple of customers who are into literally millions of transactions every month, and they become a very high paying customer for us.

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