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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

So it will typically cost around $1,500 if you're moving a 32 feet size vehicle from Mumbai to Delhi one way.

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 freight today given current diesel prices.

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

And it will take you a bullet very fast bike to drive in 26 hours.

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

It actually takes more than 35 on road today.

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

And that's for a car and a vehicle might take longer because that will take breaks and it's more slower.

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

The $1,500 is what the customer pays for the entire vehicle.

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

They pay me for the tracking of that particular shipment or all the shipments which go inside a particular vehicle.

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

And a big truck like 32 feet long truck can take thousands of shipments.

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

We charge them for every shipment.

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

Do note, everything does not move from point A to B. It will obviously load offload and then go to further to Delhi, for example, and it can go to all parts of the country.

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 charge them for such shipments and they can go by multiple vehicles, not just one.

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

Oh, you're going to pay me per shipment.

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

So you might end up paying me around about $15 to $30 is what you will pay me typically.

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

Absolutely.

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

So what happens is this $15 to $30 will be broken down into multiple shipments.

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

So per shipment, they pay us a very, very small amount, typically rupees five.

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

which might just turn out to be, if I were to convert it to dollars, probably 0.05 cents.

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

Five.

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

Well, you can say absolutely.