Lalit Bhise, founder of supply chain SaaS platform Bizom, reflects on the advice he would give to his 20-year-old self during a rapid-fire Q&A.
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“I wish I knew that the formal education doesn't have a value in real life. That's about it. I should have skipped formal education altogether.”
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More from Lalit Bhise
AssertionNot checkable as stated
Bhise: Bizom customers pay an average of $2,000 monthly
“An average customer for me pays me about 2000 dollars a month.”
Lalit BhiseFeb 15, 2019▶ 3:301301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth
Disclosure
PepsiCo uses Bizom for its 10,000 sales reps in India
“PepsiCo is, for example, one of the companies that we work with in India. So PepsiCo has in India, I don't know, 10 thousand-odd feet-on-street sales executives who go in the market, talk to these mom-and-pop retail shops, generate demand for Pepsi products”
Lalit BhiseFeb 15, 2019▶ 4:171301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth
AssertionNot checkable as stated
Bhise: Bizom works with around 307 customers
“We've worked with about some, you mentioned 250 plus actually the right number is somewhere around 307. So yeah, about 307 odd customers.”
Lalit BhiseFeb 15, 2019▶ 8:131301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth
AssertionNot checkable as stated
Bhise: Bizom grew MRR at 7% to 8% monthly for three years
“MRR has been growing at somewhere around eight, seven, eight percent month on month for last three years.”
Lalit BhiseFeb 15, 2019▶ 8:481301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth
AssertionNot checkable as stated
Bhise: Bizom generated around $350,000 monthly revenue one year prior
“We were doing somewhere around 350 K a month.”
Lalit BhiseFeb 15, 2019▶ 9:031301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth
AssertionNot checkable as stated
Bhise: Bizom's average annual gross logo churn is around 1.3%
“On average over a year, it's somewhere around 1.3% or something. Okay. I'm talking about logo churn.”
Lalit BhiseFeb 15, 2019▶ 10:101301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth
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