Unicommerce

25 statements across 1 episodes · 15 bullish · 0 bearish · 2 people on the record · first statement Aug 29, 2025 by Kapil Makhija · said 75 times in 9 episodes since 2020 · across every show →

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brought up most by Siddhartha Ahluwalia (46), Kapil Makhija (24), Saahil Goel (1), Nishith Rastogi (1), Aloke Bajpai (1)

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2026 2 mentions in 2 episodes 1 per episode
2025 67 mentions in 2 episodes 34 per episode
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2020 1 mention in 1 episode

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Everything said about Unicommerce, oldest first

Aug 29, 2025 bullish
Assertion Partly supported
Makhija: Unicommerce processes 1 billion transactions, 30% of Indian e-commerce volume
“Now Unicommerce now processing a billion transactions, about 25 to 30% of India's e-commerce volumes is that standard back, a very strong, solid backbone for e-commerce operations for any brand to make sure that they're able to navigate the complexity.”
Kapil Makhija Aug 29, 2025 ▶ 10:53 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Supported
Makhija: Unicommerce is the only profitable player among its top five rivals
“Although in our ecosystem, we are the only profitable player as of now amongst the top five players”
Kapil Makhija Aug 29, 2025 ▶ 56:10 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 neutral
Assertion Supported
Makhija: Acevector promoters hold 37% of Unicommerce; SoftBank invested via balance sheet
“About 30, 37% is held by the promoters. the second, then it's a. Which includes you and? No, promoters are Kunal, Rohit, Acevector, which is our parent company. then it is SoftBank which is through their balance sheet. It's not through the Vision Fund.”
Kapil Makhija Aug 29, 2025 ▶ 48:00 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Disclosure
Makhija: Unicommerce prices its software 50% higher than competing platforms
“We have taken the route of keeping our services premium. We are still about 50% more expensive than the other softwares that are available.”
Kapil Makhija Aug 29, 2025 ▶ 1:16:13 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 bullish
Assertion Supported
Makhija: Newer Indian SaaS startups reach $10M ARR faster than Unicommerce did
“It took us probably 10 years to get to a ten million ARR, but now I'm seeing examples of companies focused on India who are able to achieve the ten million mark sooner.”
Kapil Makhija Aug 29, 2025 ▶ 1:00:01 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Partly supported
Makhija: Unicommerce's top 10 customer revenue concentration fell from 50% to 20%
“Today, top 10 customers constitute only 20% of our revenue. This number five years ago used to be 50% plus.”
Kapil Makhija Aug 29, 2025 ▶ 27:10 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Disclosure
Makhija: Unicommerce is expanding into Southeast Asia and the Middle East
“We built in India, built for India, but we are now expanding to the world. We've taken into Southeast Asia, Middle East.”
Kapil Makhija Aug 29, 2025 ▶ 32:50 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025
Assertion Supported
Makhija: Enterprise clients contribute 90% of Unicommerce's Uniware product revenue
“In due course of time, we've realized, like today, enterprise businesses for Univare contribute 90% of our revenues.”
Kapil Makhija Aug 29, 2025 ▶ 25:08 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 neutral
Assertion Supported
Makhija: I have spent more time running Unicommerce than its founders
“Now, virtually I have spent 10 years, more than a decade here. So I have virtually operated like a founder, spend more time than the founders themselves.”
Kapil Makhija Aug 29, 2025 ▶ 41:12 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Partly supported
Makhija: Unicommerce handles a 30% to 35% share of India's dropship market
“Of the dropship market, we are doing about 30% of the market already like the, of the four to 4.5 billion shipments that I talked about, half market is dropship, about two billion Shipments. each shipment is about 1.5 items, three billion items, of which we a…”
Kapil Makhija Aug 29, 2025 ▶ 47:16 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025
Assertion Supported
Makhija: Unicommerce hit ₹45 crore Q4 revenue, ₹180 crore run rate
“If you look at our QFOR results we had published about 45 crores in QFOR revenues. That's about a one 80 crore revenue run rate for us.”
Kapil Makhija Aug 29, 2025 ▶ 18:38 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 neutral
Disclosure
Makhija: Unicommerce earns just 1.2 rupees per processed e-commerce item
“Today like I mentioned, we earn about a 1.2 rupees per item. So that's also very small fraction. We are effectively an invisible cost item for most brands.”
Kapil Makhija Aug 29, 2025 ▶ 1:13:55 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Supported
Makhija: Unicommerce processes 20 million quick commerce order items annually
“Today our quick commerce offering is processing twenty million order items on an annual basis in a very short time.”
Kapil Makhija Aug 29, 2025 ▶ 5:56 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Disclosure
Makhija: Unicommerce is launching a natural language text interface for order processing
“Today, we are we are in the process of launching a very simple interface wherein for processing the order today user has to do many clicks. We are going to give a text interface that through which they can just give the instruction, a natural language interfac…”
Kapil Makhija Aug 29, 2025 ▶ 39:22 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025
Assertion Supported
Makhija: Unicommerce serves 6,000 SMBs despite enterprise driving 90% of revenue
“We still have 6000, nearly 6000 small and medium businesses on our platform of the 7000 total customers that we have.”
Kapil Makhija Aug 29, 2025 ▶ 30:19 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Supported
Makhija: Unicommerce has been PAT positive every fiscal year since FY21
“We just had one year of PAT negative in FYI 20 because of ESOP expense, which is a non-cash expense, and we have been PAT positive since FYI 21.”
Kapil Makhija Aug 29, 2025 ▶ 8:42 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 neutral
Disclosure
Makhija: Unicommerce gets equal revenue from traditional and digital-first brands
“While the perception may be that we get a lot of revenues from digital first brands, actually we get almost equal revenues from digital first and traditional brands.”
Kapil Makhija Aug 29, 2025 ▶ 12:10 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 bullish
Prediction Not checkable as stated
Makhija: Unicommerce will eventually reach ₹1,000 crore in annual revenue
“So as we do well, execute well on all these four levers, We, ah, like in, in some time, which will hit the thousand crore revenue as well.”
Kapil Makhija Aug 29, 2025 ▶ 20:37 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 neutral
Assertion Supported
Makhija: Unicommerce's core addressable market is $260M; $85M spent on software
“So the time for our Core, Uniwear product, OMS and WMS is about two sixty million dollars of which eighty five million dollars is on a software of which we have a sizable share.”
Kapil Makhija Aug 29, 2025 ▶ 15:11 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Partly supported
Ahluwalia: Unicommerce generates ₹135 crore revenue entirely from India
“Today I think the revenue as I saw is like, 135 crores as declared on the public market. You are valued somewhere between 1100 to 1300 crores in public markets, and your entire revenue comes from India.”
Siddhartha Ahluwalia Aug 29, 2025 ▶ 1:54 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Assertion Supported
Makhija: Tier 3 Indian cities are driving over 20% of e-commerce growth
“In fact, we published a report yesterday itself where tier three constituted about 20% plus growth in the overall e-commerce growth.”
Kapil Makhija Aug 29, 2025 ▶ 50:37 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025
Disclosure
Makhija: Outbound remains the largest customer acquisition channel for Unicommerce
“Our earlier journey was a lot focused on outbound, and that still is the largest channel for us.”
Kapil Makhija Aug 29, 2025 ▶ 1:04:50 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Insight
Makhija: Indian enterprises prefer configurable SaaS platforms over custom software code
“I think there's the second myth that is there, the Indian customers Want endless customization. That's not the case. I think customers are also realizing the power of platform. We have built this like a platform. We've made sure that the platform is configurab…”
Kapil Makhija Aug 29, 2025 ▶ 31:53 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025 positive
Insight
Makhija: Indian brands prefer single-vendor software to prevent vendor blame games
“In a market like India, brands prefer to have everything under a single umbrella. They effectively want a single neck to catch that because today the biggest headache in a brand's life is that if something goes wrong, they go and talk to their vendors, vendor …”
Kapil Makhija Aug 29, 2025 ▶ 16:47 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
Aug 29, 2025
Disclosure
Makhija: Unicommerce raised no primary capital between 2015 Snapdeal acquisition and IPO
“As a business, we had never raised primary, like post the acquisition of by Snapdeal in 2015. The company has not raised any money. We have been profitable for many years.”
Kapil Makhija Aug 29, 2025 ▶ 22:53 7 Myths About Selling B2B SaaS In India ft Unicommerce Founder Kapil Makhija
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