Chaitanya Chakareti is co-founder and CIO of OzoneTel, clarifying the company's valuation during its $5 million round.
0:00 / 0:02exact quote · 2.8s
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“Not above a hundred million, a little bit down.”
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More from Chaitanya Chakareti
AssertionNot checkable as stated
One new customer drove half of OzoneTel's $3M year-over-year growth
“Well, because you remember I said that last year we were at seven million and then this year we're doing ten million out of that, the half of it came from this new customer.”
Chaitanya ChakaretiJan 5, 2022▶ 16:11Bootstrapped to $10m in India, Now Raising to Introduce Call Center Software to US
AssertionContradicted
OzoneTel was the first cloud contact center service in India
“Basically, the cloud contact center market didn't exist in India when we launched in 2011. We were the first cloud contact center service.”
Chaitanya ChakaretiJan 5, 2022▶ 4:09Bootstrapped to $10m in India, Now Raising to Introduce Call Center Software to US
Insight
US SaaS adoption is faster than India despite market size differences
“You are right in one sense that the market is certainly bigger, but then educating the market and the market adapting these new services is going to take longer. Whereas in the US the market, as well as the customers who are ready to take this year is much hig…”
Chaitanya ChakaretiJan 5, 2022▶ 12:50Bootstrapped to $10m in India, Now Raising to Introduce Call Center Software to US
Disclosure
OzoneTel plans to raise $15M to fund its US expansion
“So we are planning on raising another fifteen million.”
Chaitanya ChakaretiJan 5, 2022▶ 13:15Bootstrapped to $10m in India, Now Raising to Introduce Call Center Software to US
AssertionSupported
OzoneTel powers customer service for Indian grocery delivery giant BigBasket
“In India, for example, big basket, which is a sort of like a grow online grocery delivery service. They use our service to serve their customers.”
Chaitanya ChakaretiJan 5, 2022▶ 1:32Bootstrapped to $10m in India, Now Raising to Introduce Call Center Software to US
Disclosure
Chakareti: OzoneTel charges $50 to $200 per agent per month
“So we start with the 50 dollars per agent. And we go up all the way up to one 50 to 200 dollars, depending on the features that they get.”
Chaitanya ChakaretiJan 5, 2022▶ 2:02Bootstrapped to $10m in India, Now Raising to Introduce Call Center Software to US
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