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

Surendra Varma

๐Ÿ‘ค Speaker
98 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

Right, right.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

Yeah, I mean, the idea was not to get an investment, but the idea was to get people.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

They are not just an investor, but they are their advisor on boards.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

So these folks have a background of creating a company and running it to taking it to almost $200 million revenue in 10 years.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

and I have worked very closely with them where in they were business heads and I was part of HR team and I knew that this you know I need their experience to kind of help me scale up there so a lot of mistakes that I was doing probably

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

If they're coming on board, if you see the surge in the monthly recurring revenue from $8,000 to $20,000 today, credit goes to these two folks.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

My tech team is around 15 people.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

They are in Ahmedabad.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

So the state is Gujarat, which is near to Mumbai.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

No, we do have.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

We do have full-time five sales representatives.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

Yeah, so the quota is, again, bringing the monthly return on revenue.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

So they'll have to ensure that there is a minimum commitment that every customer that they're bringing, at least 12 months minimum commitment.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

And then when we onboard the customer, after that, it is primarily the service delivery team which has to ensure that the lifetime value of a customer moves beyond 12 months.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

So our average lifetime value for a customer is around two and a half to three years minimum.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

So currently, uh, you know, what we do is we ask them to kind of add up, uh, anywhere around, uh, you know, uh,

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

$7,000 to $8,000 PO, which is spread across 12 months.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

That's what primarily we give them the quota.

SaaS Interviews with CEOs, Startups, Founders
India based SaaS HR grows $8k to $20k/mo last 12 months

Once per month, yeah.