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Krishna Kumar

๐Ÿ‘ค Speaker
132 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

No, so as I said, we have an enterprise client and there are clients who are also in the line of paying a million dollar, adding a million dollar ARR.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

So there are multiple clients where we have been working for four or five months, past four or five months are going to convert in this month.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

So they're almost on the verge of closure.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

No, a couple of customers.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

So there are five, six customers we are talking to.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

Two, three customers will convert.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

And the ticket size are going to be north of a million dollars.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

No, so as I mentioned, there's a mix of customers.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

There are customers who are paying 300K as well as an error, I mean, on the yearly basis.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

And there's a plan to be expanding with them in the multiple countries as well as while we are talking to them.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

So they talk to the world of Syngenta.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

Syngenta is a multi-million dollar company.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

They are using our product in 20 countries.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

Now, when we are talking about million dollar clients, because we are talking about a multi-country implementation, while they talk to Syngenta and other Philip Morris, who has been our customer.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

So there are already large MNCs who are working with us, scaling up with us, and that gives the confidence to other companies to also sign up that scale of product.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

So, so, you know, 80, 20% rule.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

Yeah, so we have already sought, as I said, there is a 20-80% rule.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

There are customers who have signed up pilots of, let's say, 30K, 40K grants and 10K grants also.

SaaS Interviews with CEOs, Startups, Founders
1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised

But they have a potential to, they are enterprise client, they are validating the product and they will scale up to 100K, 200K, depending on the number of users they will keep adding.