Apoorva Mankad

And despite the rise in fuel prices, it looks like that 2022 and 2023 is going to be a very exciting year for all of us.

We are about 70 people, 7-0.

We pay them salaries, obviously, and we do raise capital at times.

We do also raise some debt funds to pay them.

But obviously, most of our payment comes from our customers' revenue.

So we are a profitable company and we've been able to make positive profit after tax for many years.

I'm sure by now you are absolutely wondering how the country like India works on such amounts, 7 cents, 1 cent, $1,200 of salary, how you wish the employee people from USA would hire from India, right?

And that's why we have one of the biggest outsourcing industries in this world.

You are right.

That's what we pay approximately.

Of course, there are people who get paid much higher and people who get even paid less than that.

But the average per capita income of India, by the way, is $3,000 a year.

Wow.

So we raised about $200,000 in 2016.

We raised the first round at that point of time.

But very recently, we have almost signed up for the next round and that should be

In the range of about $1.2 million is what we should be raising.

In each VC firm.

Absolutely.

We are about to raise debt.