Everything Krishna Kumar said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Kumar: Cropin has enterprise customers paying $300,000 in annual recurring revenue
“There are customers who are paying 300 K as well in our as a error. I mean on the yearly basis.”
Kumar: Syngenta deploys Cropin software across 20 countries
“Syngenta is a multi-million dollar company. They are using our product in 20 countries.”
Cropin: Enterprise pilots start at $10k-$40k and expand to $100k-$200k
“There are customers who have signed up pilots of, let's say, 30 K, 40 K grants, and 10 K grants also. But they have a potential to, they are enterprise client, they are validating the product, and they will scale up to a hundred K, 200 K, depending on number o…”
Cropin bills per enterprise farm manager, not per individual farmer
“User is a, you know, farm farm manager who is managing, say, a hundred, hundred farmers under his portfolio.”
Cropin manages 3.2M acres and 2.1M farmers across 29 countries
“So you guys so far have digitized nearly 3.2 million acres of farmland, enriching the lives of nearly 2.1 million farmers. So those are all the farmers managed by the managers at McCain or your other enterprise customers, in addition to creating a footprint in…”
Cropin Raises $8M Series B, Reaching $12M Total Capital Raised
“So this round we raised eight million dollars total. We have raised for twelve million dollars.”
Cropin Develops AI Models to Predict Crop Yields in Nigeria
“We are building those models to detect and predict. So we can predict crops in Nigeria, which plots are on which crop, and then what is the health, what is the yield, and helping the supply chain manager, commodity traders, banking, and insurance industry base…”
Kumar: Cropin maintains a 1% monthly revenue churn rate
“So, you know, if you look at our value churn is one percent... I think it's monthly.”
Kumar: Cropin customer acquisition cost is $5,000 to $6,000
“CAC will be somewhere around, you know close to 5000 dollar 5000 dollar to 6000 dollar.”
Kumar: Cropin achieves eight-month CAC payback period
“Eight months.”
Krishna Kumar left GE to start CropIn without a business plan
“And by the way, I didn't have any plan. I just left the job without any, having a proper business plan or Excel seat at how this business is going to ship up.”
CropIn took 1.5 years post-2015 to reach $1M ARR
“So I think after that, it took one and a half year for us to reach to a million, and then after that, yeah, the story was completely different.”
Kumar: True Recruiting Is Learned Pitching Early Vision With No Employees
“When you are hiring the first guy for your company sitting on a one room, 10 by 10, and you are selling a vision of a billion dollar, actually you will learn HR. Because if you are hiring for some, you know, established company, it's easy to hire. But when you…”
Cropin Reaches 150 Full-Time Employees
“A 150 people.”
the Neon Show 1
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