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Lalit Bize

๐Ÿ‘ค Speaker
168 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

That meant we now have currently have two growth engines.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So suddenly, how, so my, you know, my

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

board asked me the question saying you know okay great that you're growing at seven eight percent month on month how can you grow at twelve percent month on month so the answer to that was essentially look i have there is a lot of contact potential in my existing accounts which i'm not uh good news for us was though was the churn was less than uh less than uh one percent at any given point in time what is what is churn today

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

It's about, so last month it was a zero churn, but on average over a year, it's somewhere on 1.3% or something.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So I'm talking about logo churn.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

It's a...

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

gross logo churn.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Net logos will always keep on increasing.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

I mean, at this point last year, we would have what, I don't know, less than 150 odd accounts.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So the corresponding MRR churn, again, gross MRR churn is somewhere around 0.39%, which is essentially, we are okay with the gross logo churns,

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

as long as that is from the lowest end of the MRR.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Yeah, annual number, yes, absolutely.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Yes, absolutely, very much.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

How negative?

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So when we look at our cohort, the last year's accounts essentially grew in a net MRR by about 150%.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So the accounts which we had acquired before July 2017 are paying us about 150% of what they were paying us in July 2017.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

And the rest of the growth came from the new account.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Actually, I don't have, I honestly, I don't have that on top of my head.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

That's okay.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Okay.