Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

KJ Singh

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

She's at the time was 28.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

She's a doctor.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

Good looking girl.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

She never really had time to go out and date.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

And, uh, one of the things that's really, um, relevant to South Asian industry, it's South Asian market is that 90% over 90% of South Asians marry and date within their community.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

And I kind of realized how much pain she was in and then kind of did more research and realized that a lot of my cousins and a lot of other families that were actually suitable, you know, people that were looking for potential matches, they weren't able to find somebody that easily because the traditional model of arranged marriages had broken in today's society.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

And so I did more research and we realized this was a much bigger problem at a global scale, not only in the expat communities where you have immigrant South Asians, second generation South Asians, but also within India itself, because the newer generation, their mindset was really changing, but the avenues of finding somebody for a high value long-term relationship that leads to marriage didn't exist.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

Interesting.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

So we've raised capital.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

We just closed our second round last month.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

And May 2015, we raised $1.1 million.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

Last month, we just closed another $2.7 million.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

So in total, we raised $3.8 million.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

So they were using this instrument called a safe.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

So they were commodal instruments.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

So they were not price rounds.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

I think it is an entrepreneur's best interest to kind of

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

and do not until you can really kind of get a price where you, you know, where you think it's valuable for your shareholders.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

I think, you know, for the foreseeable future, we probably won't be doing another price.

SaaS Interviews with CEOs, Startups, Founders
South Asian Dating App Hits Surprising Revenue Target, EP 307: KJ Singh

I'm sorry, we won't be doing another safe or comparable.