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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

But India remains our home and we serve maximum number of customers here in India.

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

Yeah.

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

So if I put together, we will be tracking today, latest number, including our e-commerce customers, we will be probably tracking about 5 million shipments to them.

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

Per month, yeah.

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 five rupee, that seven cent.

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

That's correct.

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

We are a million dollar ARR company today.

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 pay about a million dollars a year is what we earn today in India.

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

And we hope to become hopefully two X of that this year.

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

We were about 35% less.

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

So last year we grew by about 35%.

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

Adding a lot of new customers because post-pandemic, anybody who was not yet digitized is saying, I'm out of the game.

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

And the end customers are insisting that unless you don't give me tracking solutions, visibility, and many such things, I'm not going to give you a tick mark where I even put you into contention for giving you business.

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

So that is driving a lot of people to adopt, even smallest of companies are adopting.

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 increased our customer base by 50% last year.

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

But they will pay me over the next two years of time.

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

So that's why our growth was 35%.

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

But we see that now that we have come out of pandemic completely in India, we are growing very fast.