Shyam Rajamani
๐ค SpeakerAppearances Over Time
Podcast Appearances
About 500 to 600 would be repeat customers who keep coming back every month who are regulars at our centers.
So the subscription is paid by the school or by a sports center who would buy our service.
And the service basically gets them, their admin portal also gets them to list their facilities on sharepay.in, which is our website.
So people in the neighborhood or their customers, their students, their alumni, their network could book and use their sports facilities.
Uh, so we've actually raised, uh, we've, we've taken money from a few friends, from three friends, and we've got one incubator deposit participate in that round as well.
Well, uh,
We did a million dollar valuation, plus or minus a few percent.
And we did the math.
We spoke to a few people.
We spoke to a lot of people who are in the industry of helping people get funds.
And the three people who actually put in money have been with us right from the start who wanted to put money right in our first year.
But we didn't take it till now because I think we need a little more proof of concept ourselves and make sure that we're on the right track.
And we knew, and this is kind of where we know that
Our sales cycle is kind of increasing.
Our pipeline is good.
And we see us getting to about 80 to 100 schools by the end of December.
Well, at the moment, we are knocking on doors for schools, but we're also getting a lot of referrals from our existing schools because a lot of schools have seen that this is money that they haven't made before, even though it's smaller amounts.
And they've seen that money can do a lot.
They can use it for sports infrastructure.
They can use it for improving the school facilities, pay off a few salaries for some teachers if they have to.