The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Kumar: ₹1 Crore Tech Leadership Salaries Are Now Normal in India
“And in India, it's one crore become normal, right? Like even a bid manager and at leadership level, it became normal.”
Kumar: ChatGPT will cut off organic inbound search traffic to software websites
“The searches may still be there because people need answers for their questions, but the searches coming the, to your property, you know, that will cut off.”
Kumar: Most Indian software product founders started at IT services firms
“So all the, today's, all the product founders, if you look at it, if you go all the way back, they would have worked in one of those companies at some point.”
Kumar: India will build Salesforce-scale tech giants in 10-20 years
“I think maybe in the next two, 20 years, we will see something like the next wave. Like, you know, now we are building products. It's all about now. How do you build a large scale products like Salesforce or Microsoft? It will happen. Eventually it will happen…”
Kumar: Tech migration to Bangalore will slow as quality of life drops
“I think it will, I feel it's eventually slowed down because people, everybody, now they understand what are the challenges of moving some to Bangalore. The quality of life, definitely it's suffered for everybody, right?”
Kumar: Kovai.co aims to reach $100M revenue by 2030
“I think one of the long term plan is whether we can create a hundred million dollar company by 2030 is what we are looking at. Multi products and then scale to that level. And I think we are hopeful we will be able to achieve that and all the focus and directi…”
Kumar: Kovai.co targets $100M run rate by 2030
“And the objective for us is to build a hundred million dollar run rate business by 2030, like, sooner, sooner if possible.”
Hiring developers in India is two to four times cheaper than London
“It will be anywhere from one is to two to one is to four. You know, instead of hiring one developer here. Four, four developers there. That's the ratio. For some of the higher technical people, the ratio will be the one is to two roughly.”
Junior software developers in India cost around $20,000 per year
“You can get a decent developer for a 20,000 dollar market.”
Kumar: Kovai.co is generating $10M to $20M in revenue
“We are in a 10 to twenty million dollar journey now. 10 is actually a bit old number. It's our 20 20 number, but that's a public number. We are in that journey.”
Kovai.co generated over $10M ARR in 2021 and has since grown
“So we have over ten million dollars ARR, but that's slightly old number. So it's a 20, 20, 21 number. So we are above, that's a publicly disclosed, disclosed data.”
Kovai spent $1.2M outfitting its 260-person office in India
“We spent about eight months and we invested about a 1.2 million just on the interior office space in, in, in India. That can take about 260 people capacity”
BizTalk360 has roughly 700 enterprise customers
“Until 2016, we didn't have any other product. We focused on that one particular product, and that's one of the successful products in the company, and for that particular product, we have about 700 enterprise customers now.”
Document360 has approximately 230 active customers
“We are across over 300 customers, but are taking into account all the churn and everything currently about 230 active customers at the moment for document three 60.”
BizTalk360 generates approximately 80% of Kovai's total revenue
“Still, the company is 80, 90% or 80% of the revenue comes from this stock three 60 because that's our core product and that's where a majority of the company runs.”
Kovai generates between $8.5M and $9M in annual recurring revenue
“No, we are close actually. Like, you know, we are about somewhere around 8.5 to nine, something like that.”
Document360 experiences a 2% to 5% monthly net revenue churn
“It, it's right now, the last six months data is looking somewhere between two to five percent monthly churn. This is a net revenue churn, not logo churn.”
Kumar: Accenture needed 18 people to replace his UK healthcare work
“Accenture won this biggest contract for healthcare in UK. So they are connecting every single doctors and hospitals together. And there are so many vendors involved, like healthcare vendors, and they will come and deploy something and that will break the core …”
Kovai generated $50K from seven customers in its first six months
“I would say about 50 K. So I started in the mid of June, 20 11, and it started as its enterprise product. The price point was about five, eight to 10 K dollars, and I think we finished that year with about seven customers in six months. So I'd say roughly abou…”