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Harshal Khatri

Co-Founder and CEO, ProfitBooks. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderexecutive@harshalkatre ↗LinkedIn ↗harshalkatre.com ↗

Harshal Katre co-founded ProfitBooks in 2012, building a cloud-based accounting and invoicing platform for small and medium-sized businesses. Before launching ProfitBooks and other SaaS projects, he spent over nine years delivering banking software at HSBC and Barclays.

1shows
1appearances
15statements
0resolved
0supported
0contradicted

Everything Harshal Khatri said on any show that made the record, most notable first. Each card names its show and opens the statement there.

Touchless software buying does not happen in India
“Because in India, ah, the touchless, ah, buying doesn't happen. Okay. So we have to, you know interact with the customer directly.”
Harshal Khatri Aug 6, 2020 ▶ 8:46 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks surpasses 75,000 registered company accounts
“Right now we have just crossed 75,000 customers.”
Harshal Khatri Aug 6, 2020 ▶ 6:25 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks converts 5% to 7% of free users to paid plans
“It's around I have seen the it's around five, five to seven percent.”
Harshal Khatri Aug 6, 2020 ▶ 7:06 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Disclosure
ProfitBooks is totally bootstrapped
“We are totally bootstrapped.”
Harshal Khatri Aug 6, 2020 ▶ 9:32 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Disclosure
ProfitBooks salespeople do not carry sales quotas
“No, no, they don't have quota, but they're more like heads of BD.”
Harshal Khatri Aug 6, 2020 ▶ 10:47 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks is 100% inbound with zero paid ad spend
“So it's a hundred percent inbound right now. We don't spend anything on paid ads.”
Harshal Khatri Aug 6, 2020 ▶ 11:30 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not publicly verifiable
ProfitBooks ranks on Google's first page for 50 to 60 keywords
“So we rank almost for, you know 50 to 60 keywords for number one on Google on first page.”
Harshal Khatri Aug 6, 2020 ▶ 14:24 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks generates 3,000 to 3,500 new signups monthly
“In a month, typically we get around 3000 to 3500 new signups.”
Harshal Khatri Aug 6, 2020 ▶ 15:22 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks adds 250 to 300 paid customers monthly
“So paid I would say around it closes around two 50 to 300.”
Harshal Khatri Aug 6, 2020 ▶ 16:07 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks has 15 to 17 white-label accounting firm clients
“15 to 17 accounting firms that are using it right now.”
Harshal Khatri Aug 6, 2020 ▶ 17:40 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks passed $1 million run rate in 2019
“Actually we passed it last year itself.”
Harshal Khatri Aug 6, 2020 ▶ 18:20 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
ProfitBooks is totally profitable
“No, no, we are totally profitable.”
Harshal Khatri Aug 6, 2020 ▶ 18:54 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Assertion Not checkable as stated
Indian accounting software in 2012 targeted accountants, not businesses
“Earlier when back in year, it wasn't well in India, products are mostly built for chartered accountants, right? So they're very complex in nature.”
Harshal Khatri Aug 6, 2020 ▶ 3:28 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Disclosure
ProfitBooks charges small business customers roughly $100 annually
“Indian rupees is 6000 to 8000 rupees per year. So that's roughly a hundred dollars per year.”
Harshal Khatri Aug 6, 2020 ▶ 5:07 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year
TOP FOUNDERS Disclosure
ProfitBooks reserves customer support exclusively for paid users
“In free plan, we don't offer support. So the support is reserved for the paid users.”
Harshal Khatri Aug 6, 2020 ▶ 9:19 ProfitBooks Hit $1m Revenue 2019, COVID Keeps Them Flat This Year

One line per show, most statements first. The link opens Harshal's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
TOP FOUNDERSLEDGER Co-Founder and CEO, ProfitBooks 1 15 full record on Top Founders →
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