Vishnu Vardhan

Co-Founder and CEO, Cercle X · 1 appearance on the record.

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Vishnu Vardhan co-founded Cercle X, an Indian climate-tech and SaaS platform that provides digital tracking, scrap trading, and EPR compliance to divert waste from landfills. He previously co-founded sustainable social enterprises, including Pepaa and Indian Superheroes.

14statements → 9claims → 1claims resolved → 3.93/5average certainty → 1.07/5average debate potential →

0 supported 1 partly supported 0 contradicted 8 not checkable as stated how the 9 claims stand · each chip opens the sources

9 assertions · 5 disclosures · every statement was checked. The predictions and assertions are the 9 claims: statements the public record can support or contradict. 1 is resolved, and 8 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 Vishnu argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

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 Vishnu Vardhan on measured tape to publish a rate. This says nothing about how they speak.

What they said14 Episodes1

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

Disclosure

Vardhan: Circle X uses Web3 for end-to-end waste traceability

“And then on top of that, we plugged in blockchain and web three because it will give us a hundred percent traceability and transparency over the complete journey of the waste.”

Vishnu Vardhan Jan 9, 2023 ▶ 5:15 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X Reached $1.01 Million in Monthly Revenue in December

“So we do December we closed at 1.01 million dollars.”

Vishnu Vardhan Jan 9, 2023 ▶ 13:24 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Partly supported

Vardhan: Circle X operates as 'Uber for waste' with 45-minute dispatch

“So we are like a Uber for waste. So you can just swipe up and raise a pickup request, and within 30 to 45 minutes, one of our executives will come and pick up your waste and take it for.”

Vishnu Vardhan Jan 9, 2023 ▶ 3:41 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Disclosure

Vardhan: Circle X charges brands software fees plus service fees

“Yes, they pay for the software. On top of that, they also pay something for the service that they avail.”

Vishnu Vardhan Jan 9, 2023 ▶ 4:00 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Over 25,000 users completed a transaction on Circle X

“Over 25,000 of them have done at least one transaction.”

Vishnu Vardhan Jan 9, 2023 ▶ 7:31 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X channelized 9,000 metric tons of waste monthly in 2022

“Last year was close to 6000 metric tons per month on a monthly basis. So we channelize a lot of this waste across India. And this year this year we are closing at close to 9000 metric tons on a monthly basis.”

Vishnu Vardhan Jan 9, 2023 ▶ 8:27 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X processed nearly $3M of waste in December 2022

“So December the waste volumes was close to three million dollars December, 20, 22. So that's the amount of waste that was channelized through the app just on, just in December.”

Vishnu Vardhan Jan 9, 2023 ▶ 9:23 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Disclosure

Vardhan: Circle X transaction take rate ranges between 1% and 5%

“It depends on the scrap prices at the end of the day, because it's all a demand and supply game. So our percentages keep varying based on how much we can supply based on the demand. It depends from one to five percent.”

Vishnu Vardhan Jan 9, 2023 ▶ 9:49 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X generates 60% of revenue from SaaS, 40% from transactions

“The pure play software because now we have the other softwares as well close to 60% and the remaining 40% is made up with all the transaction fees and so on.”

Vishnu Vardhan Jan 9, 2023 ▶ 11:10 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X has grown to nearly 1,000 B2B customers

“We have close to a thousand. These are small, medium companies as well. And we are scaling that up as we speak.”

Vishnu Vardhan Jan 9, 2023 ▶ 12:31 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X grew 10x in revenue in one year

“One year ago one by 10th of this was what we were doing.”

Vishnu Vardhan Jan 9, 2023 ▶ 14:28 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Disclosure

Vardhan: Circle X has raised only $250,000 in outside funding

“We raised capital, but it was a very small round, 250,000 dollars.”

Vishnu Vardhan Jan 9, 2023 ▶ 14:51 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Assertion Not checkable as stated

Vardhan: Circle X currently processes approximately 0.1% of India's available waste

“So right now we are probably doing .1 percentage of the waste, which is available across India.”

Vishnu Vardhan Jan 9, 2023 ▶ 16:21 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Disclosure

Vardhan: Circle X spent first two years building physical network

“First thing for the first two years of the company, we spent just building the network because ultimately ways needs to go for recycling to be able to build a circular economy. And I can't build software on top of a network, which is not present. So first two …”

Vishnu Vardhan Jan 9, 2023 ▶ 4:22 How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India

Appearances (1)

Episode	Date	Speaking time
How he went $0 to $1m/mo in under 24 months for Waste Management SaaS in India	Jan 9, 2023	10m

Vishnu Vardhan

The record, in short

How they sound: not measured why? →

Appearances (1)

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