Disclosure
Zelliot SaaS pricing averages around $1 per vehicle monthly
“Typical SAS costing is somewhere around a dollar or so, but you can't, you know, really hold on to that.”
Assertion Not checkable as stated
100,000 vehicles are currently running Zelliot's mobility software
“See a 100,000 vehicles are using our software.”
Assertion Not checkable as stated
Zelliot generates close to $100,000 per month in revenue
“The average revenue run rate has been close to a 100,000 dollars per month.”
Disclosure
Zelliot sells approximately 14% equity in Bosch seed round
“So we sold around 14% of the business.”
Disclosure
Zelliot sources all debt capital from hardware partner iTriangle
“We have a partner company called I triangle who, you know, kind of supplies a telematics device or the IOT devices. So kind of we raised entire debt from them. We did not go outside of them.”
Disclosure
Roughly 10% of Zelliot's enterprise customers are vehicle manufacturers
“Manufacturers, roughly, 10% of them.”
Assertion Not checkable as stated
Zelliot's largest customer pays $25k-$30k monthly, generating 25% of revenue
“Around
20 lakhs would be around 30,000 dollars, 25,000 dollars.
25%.
25 to 30,000 dollars.
Yeah.”
Prediction Not checkable as stated
Zelliot projects hitting $4 million in revenue this year
“So this year the projection is we are supposed to hit around four million dollars.”
Disclosure
Logistics companies and vehicle OEMs pay for Zelliot's mobility platform
“The enterprises segment falls under the people who use it for their own business. Let's say logistic companies, right? Logistics companies have the entire business model revolves around vehicles. So those are the typical enterprises who pay us. For using our s…”
Disclosure
Zelliot raises roughly $150,000 in debt financing
“We have raised some debt funding of close to 150,000 dollars.”
Disclosure
Zelliot pays 7% to 9% interest on partner debt
“So roughly around seven to nine percent interest.”
Assertion Partly supported
Bangalore junior developer salaries average $10,000 to $15,000 annually
“If I have to give an average figure out of that five lakh would be somewhere around 10,010, 10, 15,000 dollars a year.”
Insight
Automotive OEM enterprise sales cycles require four to five months
“The reason we have small team, because we rely on large accounts, which take, let's say four, five months to you know, convert these auto OEMs or these large enterprises, they don't close in a matter of days. You have to do POCs. You have to do a lot of stuff …”
