LeadSquared

16 statements across 1 episodes · 6 bullish · 2 bearish · 1 people on the record · first statement Apr 18, 2025 by Nilesh Patel · said 28 times in 1 episodes since 2025 · across every show →

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brought up most by Siddhartha Ahluwalia (21), Nilesh Patel (7)

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Everything said about LeadSquared, oldest first

Apr 18, 2025 neutral
Assertion Not publicly verifiable
Patel: International markets account for roughly 25% of LeadSquared revenue
“So outside India is close to 25% and India is about 75%.”
Nilesh Patel Apr 18, 2025 ▶ 30:47 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 positive
Disclosure
LeadSquared retains million-dollar ACV clients in BFSI and automotive
“And you still have today customers paying in BFSI or in automotive. Large million dollar ACV contract. Yes. Yes, we do.”
Nilesh Patel Apr 18, 2025 ▶ 26:44 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 positive
Insight
Patel: Indian SaaS Customers Are Demanding but Collaborative Development Partners
“Indian customers are you know, not super easy to please for sure, but there is they're also tolerant. I mean, I think it's not entirely, you know, true that they're just one way to look about the customers. I think they're willing to partner with you to build …”
Nilesh Patel Apr 18, 2025 ▶ 14:50 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025
Insight
Patel: Quoting high enterprise fees forces clients to reveal actual budgets
“One of the ways to find out what is that the customer is willing to spend is to probably quote something which is higher than what they're willing to spend. So if you do that, then the customer themselves will come and say, this is my budget. So now they, you …”
Nilesh Patel Apr 18, 2025 ▶ 27:29 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025
Disclosure
Patel: LeadSquared never received formal acquisition offers
“We, I never had a formal offer. It was one offer which we had post series A is was, I was told by one of our investors then but then I did not double clicked on that offer. So I would not know if that was for real or not.”
Nilesh Patel Apr 18, 2025 ▶ 36:32 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 neutral
Assertion Not checkable as stated
LeadSquared reached $1M ARR in 2015 and $10M five years later
“We crossing one million probably in 15, if not 16, one of those, and I think 10 happened it took us, I think, five years before the 10 happened, I think, four to five years.”
Nilesh Patel Apr 18, 2025 ▶ 7:22 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 positive
Assertion Not checkable as stated
Patel: Some customers left LeadSquared for Salesforce and returned
“Some have some have, some people have gone to Salesforce and have come back and that happens that happens I won't say a lot, but it happens.”
Nilesh Patel Apr 18, 2025 ▶ 20:20 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 positive
Assertion Partly supported
Patel: LeadSquared achieved 80% to 90% annual growth in India
“Our growth rates were, you know, north of 80% every year then 80 to 90%.”
Nilesh Patel Apr 18, 2025 ▶ 30:10 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 neutral
Assertion Not checkable as stated
Patel: EdTech Generated Over 40% of LeadSquared's Revenue at Peak
“Usually more than that.”
Nilesh Patel Apr 18, 2025 ▶ 15:40 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 negative
Insight
Patel: B2B CRMs cause efficiency loss in high-velocity consumer sales
“The way we've designed some functionality in our product, which is relevant for high velocity sales, especially when you're selling to consumers. So when you're used to that process it'll be difficult for you to then go back to a B to B type of system and try …”
Nilesh Patel Apr 18, 2025 ▶ 19:41 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 positive
Disclosure
LeadSquared signed Byju's in Q4 2014, unlocking the edtech vertical
“Sometime during last quarter of 14 We had signed up by Jews as a customer and their growth was phenomenal you know, in from 14 till, you know, 20, 21, 20, 22. And along with them you know, many other ed tech companies also were growing at that time, Vedantu wa…”
Nilesh Patel Apr 18, 2025 ▶ 4:12 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025
Disclosure
Patel: LeadSquared's highest customer ACV was just under $10M
“I would say less than ten million would be more accurate.”
Nilesh Patel Apr 18, 2025 ▶ 20:42 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 neutral
Assertion Supported
Patel: LeadSquared raised ~$3M from Stakeboat and over $30M from Gaja Capital
“So the stake board was about three million-ish and then Gaja was about thirty million a little bit over thirty million.”
Nilesh Patel Apr 18, 2025 ▶ 9:53 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 neutral
Disclosure
LeadSquared's revenue is split across finance, education, and healthcare
“Financial services will be close to 30%, a little bit less than 30%. Education would be another 30%, including U.S. Because we sell in U.S. Education. Then the healthcare would be about, you know, 10 to 15%.”
Nilesh Patel Apr 18, 2025 ▶ 26:01 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 positive
Disclosure
Patel: US expansion in early 2020 buffered LeadSquared from edtech crash
“Fourth is getting into the U S market you know, in early 2020, I think that sort of, again, shifted the revenue mix for us and was able to help us, you know, tide over the tech you know, downtrend.”
Nilesh Patel Apr 18, 2025 ▶ 6:17 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
Apr 18, 2025 negative
Opinion
Investors dislike the CRM category because they doubt new companies can scale
“In the CRM is, is not a very you know very desired investment category. And there's so many companies which come in CRM space even today. And it is very hard for anybody to believe that any company can scale in CRM space or in generally customer relationship s…”
Nilesh Patel Apr 18, 2025 ▶ 10:07 $1Billion CRM From India Competing With Salesforce | Nilesh Patel, LeadSquared
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