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Satya Prabhakar

๐Ÿ‘ค Speaker
122 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

See, the thing is, as we are moving forward, there are two ways in which the core matchmaking platform is expanding.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

One is in the SaaS marketing model, whereby service SMEs come to us and say that, per month I'll pay you so much.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

And for that, we are providing marketing services for them to reach out to consumers across other platforms.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

So that is not based upon the core marketplace model that we have.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

The second one, actually, Nathan, that we're doing is there are certain services, and this is the exciting part of the business, is that there are certain services

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

where the consumer and the service provider need not be located in the same city or the same locality of the city, right?

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

For example, if you are a business consultant for opening actually restaurants and you can be located in the north of India and I can be located in the south of India and yet you can provide me the service, right?

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

So what COVID has done is it made it possible and it made it feasible for people to know that they can get services done

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

from instructors, from consultants, from lawyers, advocates, from anywhere across the country.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

So that is the second vector in which we are expanding.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

Oh, in the first year, we would have done about...

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

$100,000, $200,000, $300,000.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

How did that feel?

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

Because, see, the thing, Nathan, while India is an exciting country, it's the last large internet market that is available in the world.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

So everybody is coming to India.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

Everybody is investing in India.

SaaS Interviews with CEOs, Startups, Founders
The $30 Million Marketplace Out of India

But when you go back to 2007, people, the access to internet was very expensive.