Apoorva Mankad

1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

13statements → 7claims → 3claims resolved → 67%fully supported → 3.77/5average certainty → 1.15/5average debate potential →

2 supported 0 partly supported 1 contradicted 4 not checkable as stated how the 7 claims stand · each chip opens the sources

1 prediction · 6 assertions · 1 insight · 5 disclosures · every statement was checked. The prediction and assertions are the 7 claims: statements the public record can support or contradict. 3 are resolved, and 4 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Apoorva argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Mankad: Mumbai-Delhi route ranks among top 10 globally by shipment volume
“Okay, so Mumbai, where I'm from, and Delhi, which is India's capital, are the two probably it's one of the most used route in the world in terms of sheer number of shipments you know, and also in sheer number of people who move between them, the planes which f…”
Apoorva Mankad Apr 5, 2022 ▶ 5:01 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Their most notable contradicted claim

Assertion Contradicted
Mankad: Moving 32-foot freight truck Mumbai to Delhi costs ~$1,500
“So it will typically cost around 1500 dollars. If you're moving a 32 feet size vehicle from Mumbai to Delhi one way that's a typical freight today given current diesel prices.”
Apoorva Mankad Apr 5, 2022 ▶ 5:34 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
100% certainty 3
50% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Apoorva Mankad on measured tape to publish a rate. This says nothing about how they speak.

Everything Apoorva Mankad said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure
Mankad: WebExpress pays employees approximately $1,200 per month
“You are right. That's what we pay approximately. Of course there are people who get paid much higher and people who get even paid lesser than that.”
Apoorva Mankad Apr 5, 2022 ▶ 13:39 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Insight
Mankad: SaaS selling into India gets lower valuations than US counterparts
“So obviously if you are selling into a rupee market the valuations become lower than you are selling this in a U S market, for example, right?”
Apoorva Mankad Apr 5, 2022 ▶ 16:32 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Disclosure
Mankad: Average WebExpress customer pays $1,000 per month
“So since we operate in the Indian market, our average customer typically pays us somewhere in the range of around thousand dollars a month. That's a typical page that we get from our customers today. On the higher side, it can go to 5000 dollars a month. On th…”
Apoorva Mankad Apr 5, 2022 ▶ 2:46 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Assertion Supported
Mankad: Mumbai-Delhi route ranks among top 10 globally by shipment volume
“Okay, so Mumbai, where I'm from, and Delhi, which is India's capital, are the two probably it's one of the most used route in the world in terms of sheer number of shipments you know, and also in sheer number of people who move between them, the planes which f…”
Apoorva Mankad Apr 5, 2022 ▶ 5:01 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Assertion Contradicted
Mankad: Moving 32-foot freight truck Mumbai to Delhi costs ~$1,500
“So it will typically cost around 1500 dollars. If you're moving a 32 feet size vehicle from Mumbai to Delhi one way that's a typical freight today given current diesel prices.”
Apoorva Mankad Apr 5, 2022 ▶ 5:34 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Disclosure
Mankad: WebExpress charges enterprise customers roughly 5 rupees per shipment
“So per shipment, they pay us you know, a very, very small amount, typically rupees five which might just turn out to be if I had to convert into dollars probably 0.05 cents.”
Apoorva Mankad Apr 5, 2022 ▶ 7:13 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Assertion Not checkable as stated
Mankad: WebExpress tracks about 5 million shipments monthly
“So if I put together, we will be tracking today latest rent number including our e-commerce customers. We will be probably tracking about five million shipments per month.”
Apoorva Mankad Apr 5, 2022 ▶ 9:31 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Assertion Not checkable as stated
Mankad: WebExpress has reached $1M in ARR
“We are a million dollar ARR company today.”
Apoorva Mankad Apr 5, 2022 ▶ 10:14 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Prediction Not checkable as stated
Mankad: WebExpress aims to double its ARR to $2M this year
“We pay about a million dollars a year is what we earn today in India, and we hope to become hopefully, two eggs of that this year.”
Apoorva Mankad Apr 5, 2022 ▶ 10:17 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Assertion Supported
Mankad: WebExpress has generated positive profit after tax for years
“So we are a profitable company and we've been able to make a positive profit after tax for many years.”
Apoorva Mankad Apr 5, 2022 ▶ 12:57 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Disclosure
Mankad: WebExpress finalized $1.2M round at $4M post-money valuation
“So we have we have finalized this at around it's around four million dollars.”
Apoorva Mankad Apr 5, 2022 ▶ 15:40 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Disclosure
Mankad: WebExpress funding comes from a strategic partner and customer investor
“Secondly this funds that we are raising is much more from a strategic partner right now who also happens to be one of our customers. And in fact, the investor into our customers is you know, raising the funds into us.”
Apoorva Mankad Apr 5, 2022 ▶ 16:43 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers
Assertion Not checkable as stated
Mankad: WebExpress customer base grew 50% and revenue 35% last year
“So we increased our customer base by 50% last year, but they will pay me over two years of time. So that's why our growth was 35%.”
Apoorva Mankad Apr 5, 2022 ▶ 11:17 Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterprise Customers

Appearances (1)

EpisodeDateSpeaking time
Raising Now: This SaaS Tracks 5m Truck Shipments Per Month, $1m in ARR across 100 Enterpri Apr 5, 2022 9m
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