Logistics companies and vehicle OEMs pay for Zelliot's mobility platform
Anup Naik · Car Technology SaaS Hits $1.2m ARR, Sold 14% for $500k · Apr 9, 2022 · at 1:53
Anup Naik, co-founder of IoT platform Zelliot, explains the types of enterprise and OEM customers paying for Zelliot's connected vehicle technology.
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“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 software and on the OEM side who manufacture these vehicles, let's say the likes of Royal Enfield for bikes, right? Indian major, Indian two-wheeler famous globally as well. Maruti Suzuki, you might have heard of it, right? So these kinds of companies who you know, kind of typically use our connected mobility platform as part of their core offering.”
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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.”
100,000 vehicles are currently running Zelliot's mobility software
“See a 100,000 vehicles are using our software.”
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.”