Vymo

13 statements across 1 episodes · 7 bullish · 1 bearish · 1 people on the record · first statement Jul 25, 2022 by Yamini Bhat · said 21 times in 1 episodes since 2022 · across every show →

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brought up most by Yamini Bhat (17), Siddhartha Ahluwalia (4)

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Everything said about Vymo, oldest first

Jul 25, 2022
Assertion Not checkable as stated
Vymo daily active usage reached 74% in Asia and 85% in US
“In Asia, we have 74% daily active usage in us. We ended up having 85% daily active usage, right?”
Yamini Bhat Jul 25, 2022 ▶ 35:44 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 bearish
Insight
Bhat: Selling SaaS to Series A startups causes massive churn
“And realized that many of them are just figuring out their process. So giving them a best in class process, they need their own journey to arrive at it. Right. Many of them did not survive up to their own series B or C. So there was a massive amount of churn a…”
Yamini Bhat Jul 25, 2022 ▶ 18:53 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022
Assertion Not checkable as stated
Vymo generates over $10 million in revenue from Asia alone
“We have more than ten million dollars in business coming just out of Asia, and that is expected to double this year again, and potentially double even next year.”
Yamini Bhat Jul 25, 2022 ▶ 34:16 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 positive
Disclosure
Bhat: Vymo only did paid pilots to ensure customer commitment
“We always were clear that we would only do paid pilots so that customers are committed to success too.”
Yamini Bhat Jul 25, 2022 ▶ 30:07 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 positive
Assertion Not checkable as stated
Bhat: Vymo reached 45 enterprise customers and $10M ARR by Series C
“At C, we were about 45 customers and had crossed the already crossed the 10 mile threshold you were speaking about.”
Yamini Bhat Jul 25, 2022 ▶ 24:14 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022
Assertion Supported
Bhat: Vymo's first United States enterprise customer was Berkshire Hathaway
“Our first U S customer ended up being Berkshire Hathaway.”
Yamini Bhat Jul 25, 2022 ▶ 35:41 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 bullish
Assertion Not checkable as stated
Bhat: Vymo maintains 153% NRR and sales efficiency above 1.0
“We have one 53% net revenue retention. We have our sales efficiency is more than one.”
Yamini Bhat Jul 25, 2022 ▶ 26:15 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022
Disclosure
Vymo onboarded top Indian banks and insurance companies during early growth
“We ended up, ah, ah, you know, onboarding two of the large, two of the top three banks in India, two, three of the top five, six insurers in India, et cetera, right?”
Yamini Bhat Jul 25, 2022 ▶ 33:31 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 positive
Insight
Bhat: Investing 100 hours hiring top talent saves ongoing management overhead
“I spend probably a hundred hours Finding the right person and 10 hours managing them later within a year. Right, so over invest in the kind of talent you bring.”
Yamini Bhat Jul 25, 2022 ▶ 38:21 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 neutral
Assertion Not checkable as stated
Bhat: Vymo raised its Series A round at roughly $700k ARR
“Mid 2016 is when we raised our city. That's when we were getting close to like 700 K or so in ARR.”
Yamini Bhat Jul 25, 2022 ▶ 23:26 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 positive
Assertion Not checkable as stated
Bhat: Vymo's first enterprise customer threatened resignation to force purchase approval
“Our first BFSI customer, in fact when posed the pilot after almost a four X increase in lead conversions after two, three weeks, when he was, he asked for approval for Wimo. He was told to deploy the CRM and do whatever he could with the CRM and not buy someth…”
Yamini Bhat Jul 25, 2022 ▶ 30:47 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 positive
Assertion Not checkable as stated
Bhat: Vymo's average enterprise contract value is $350k to $400k
“It's actually, no, it's actually more than that. It's about, I think somewhere three 50 to 400,000 dollars.”
Yamini Bhat Jul 25, 2022 ▶ 29:04 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
Jul 25, 2022 bullish
Insight
Bhat: Solving BFSI compliance creates a defensible software moat
“BFSIS such as nearly 40% of Microsoft's or Gartner's earnings in a way, right? So it seemed like the largest vertical with the most IT budgets very high moat because they're very risk averse. But if you're able to solve for those, the compliance barriers, then…”
Yamini Bhat Jul 25, 2022 ▶ 19:56 Scaling From 0 to 120Cr+ Revenue Playbook For SaaS-Entrepreneurs in India Ft. Yamini Bhat, CEO-Vymo
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