Kovai.co

18 statements across 2 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Aug 21, 2020 by Saravana Kumar · said 21 times in 3 episodes since 2020 · across every show →

Mentions by year

brought up most by Saravana Kumar (12), Nathan Latka (9)

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2023 12 mentions in 1 episode
2021 1 mention in 1 episode
2020 8 mentions in 1 episode

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Everything said about Kovai.co, oldest first

Aug 21, 2020
Assertion Not checkable as stated
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”
Saravana Kumar Aug 21, 2020 ▶ 5:09 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020 neutral
Disclosure
Document360's customer acquisition cost is roughly $1,500 to $1,800
“For a document three 60, the current CAC is around a 1500 to 1800 per per customer.”
Saravana Kumar Aug 21, 2020 ▶ 20:32 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020
Assertion Not checkable as stated
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…”
Saravana Kumar Aug 21, 2020 ▶ 2:59 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020
Assertion Not checkable as stated
Kovai employs 120 people total, with 12 based in London
“So we have an office in London as well. We have about 12 people here. And the company size is right now, it's about a 120, 20 people.”
Saravana Kumar Aug 21, 2020 ▶ 4:56 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020 neutral
Disclosure
Kovai enterprise customers pay $10,000 to $100,000 annually
“So an average enterprise customer will pay anywhere from 10,000 dollars to a 100,000 dollars per annum.”
Saravana Kumar Aug 21, 2020 ▶ 8:55 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020
Disclosure
Kovai is fully bootstrapped and has raised no outside funding
“No, it's fully bootstrapped. Yeah. We don't have any funding.”
Saravana Kumar Aug 21, 2020 ▶ 12:45 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020 neutral
Disclosure
Document360 averages $100 in monthly revenue per user
“The ARPU for Documentary is about a hundred dollars per month.”
Saravana Kumar Aug 21, 2020 ▶ 8:22 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020
Disclosure
Kovai handles engineering in India while keeping sales operations in London
“We offloaded our entire engineering QA support and all those kinds of things to India. And then we keep sales marketing and the leadership team here in London.”
Saravana Kumar Aug 21, 2020 ▶ 14:42 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020 neutral
Assertion Not checkable as stated
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.”
Saravana Kumar Aug 21, 2020 ▶ 7:38 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020 neutral
Assertion Not checkable as stated
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.”
Saravana Kumar Aug 21, 2020 ▶ 6:20 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Aug 21, 2020
Assertion Not checkable as stated
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.”
Saravana Kumar Aug 21, 2020 ▶ 18:59 Kovai $8.5m Revenue, India Bootstrapped, 3 Core SaaS Products
Jun 9, 2023 bullish
Prediction Open · timeframe Dec 2030
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.”
Saravana Kumar Jun 9, 2023 ▶ 2:51 12 Founders disciplines that helped to bootstrap to $10m+ ARR
Jun 9, 2023 negative
Insight
Kumar: Founders should avoid flat organizations and build hierarchy quickly
“And don't build a flat structure. Because what typically happens is when you're in the early stages, like, you know, 10 people, 20 people, et cetera, you try to build a flat structure, right? Everybody reports to you. And it's fine. But once you start scaling,…”
Saravana Kumar Jun 9, 2023 ▶ 10:56 12 Founders disciplines that helped to bootstrap to $10m+ ARR
Jun 9, 2023
Disclosure
Kumar requires monthly two-page executive reports split into personal and team achievements
“At the beginning of each month, following month, our executive team need to give a document. It's two page document. It's a precisely, you know, they need to cover it within two pages, two A four pages. The first page is all about their personal achievements, …”
Saravana Kumar Jun 9, 2023 ▶ 15:02 12 Founders disciplines that helped to bootstrap to $10m+ ARR
Jun 9, 2023
Insight
Kumar: Building multiple $20M-$30M products is easier than one $100M business
“It's harder to build a single product, hundred million dollar business. Then, you know, like, it's fairly, comparatively easy to build, like, a 20, thirty million dollar businesses.”
Saravana Kumar Jun 9, 2023 ▶ 13:34 12 Founders disciplines that helped to bootstrap to $10m+ ARR
Jun 9, 2023
Disclosure
Kumar personally approves invoice payments at Kovai.co to ensure financial visibility
“Still I approve a lot of invoices. Okay, there are, you know, like, it goes through workflow, the people put through everything, but the final approval, the money that going out of the bank is actually, you know, like, I control it. I won't control it in the s…”
Saravana Kumar Jun 9, 2023 ▶ 14:05 12 Founders disciplines that helped to bootstrap to $10m+ ARR
Jun 9, 2023 bullish
Assertion Supported
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.”
Saravana Kumar Jun 9, 2023 ▶ 2:22 12 Founders disciplines that helped to bootstrap to $10m+ ARR
Jun 9, 2023
Disclosure
Kumar: All management meetings are scheduled in the week's first 1.5 days
“My entire week is the first 1.5 days. You know, like, I got the management meetings on the day one, and then some items on the day two, Tuesday. And after that, you know, like, it's all about just ongoing activities, and you keep it, try to keep it as free as …”
Saravana Kumar Jun 9, 2023 ▶ 5:03 12 Founders disciplines that helped to bootstrap to $10m+ ARR
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