Karan Bhardwaj

And to be honest, I took that as a feedback.

I don't want to stop my activation business, but at the same time, build the export.

Now, once the belief that they have in export is once the export is created and I already have the clients, it will be easy for me to start getting recurring revenue.

Secondly, I have the forecasted revenue for the next year is about, like I said, about $3 million.

So at a $3 million forecast, raising $18 million, and an $18 million valuation is about six times of top line.

Okay.

So I'll tell you how that works.

As of now, we have done with a few set of VCs who are already with us, we've done a milestone based arrangement.

Every time I hit a certain milestone in terms of top line, that is when I start getting the franchise and I have the contracts in place for that.

So it's a pivot, like even they are interested in recurring revenue.

So every month or every time I hit a top line, it could be probably in 60 days.

It could also be in 45 days.

They will do an analysis of how much has come through a recurring revenue and how much has come through a one-time activation and then calculate the top line on the basis of trailing 12 months.

So in the last 12 months and then so on and so forth.

So every time I hit a new top milestone, I will get a certain plan chain.

I don't know which one I read last, so I don't want to comment on that.

We've been working on many tools.

Are you talking about marketing or just about anything?

Any tool?

Microsoft Teams, Zoho, Keka.