Jay Rawat, CEO of Zinrelo, shares insights on managing engineering teams located overseas in India.
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“The biggest challenge is if you have an offshore development team is communication and really making sure that they understand the market. They understand who we are trying to serve. Right. And that's an understanding which is very hard to come by.”
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More from Jay Rawat
AssertionNot checkable as stated
Rawat: Zinrelo enterprise plan averages $2,000 monthly
“And then we have an enterprise plan, which has more features and it comes with more support. There the average monthly price is about 2000 dollars.”
Jay RawatSep 21, 2018▶ 2:391154 How we hit net churn of -5% in Loyalty Program space
AssertionNot checkable as stated
Rawat: Zinrelo has over 500 customers
“So I cannot share the exact percentages of the customers in each bucket but in terms of the total number of customers, we have over 500 customers right now.”
Jay RawatSep 21, 2018▶ 3:551154 How we hit net churn of -5% in Loyalty Program space
Insight
Rawat: B2C businesses are binary with no middle ground
“You know, B to C businesses are binary, right? I mean, either you make it or You know, you don't. There's nothing in between.”
Jay RawatSep 21, 2018▶ 5:161154 How we hit net churn of -5% in Loyalty Program space
AssertionNot checkable as stated
Rawat: Zinrelo raised only $2 million and is profitable
“Yeah, we only raised two million dollars so far, and we are profitable.”
Jay RawatSep 21, 2018▶ 6:261154 How we hit net churn of -5% in Loyalty Program space
AssertionNot checkable as stated
Rawat: Zinrelo is sustaining close to 50% year-over-year revenue growth
“Closer to 50% right now.”
Jay RawatSep 21, 2018▶ 8:471154 How we hit net churn of -5% in Loyalty Program space
Disclosure
Rawat: Zinrelo achieved net negative churn via tiered user pricing
“So we have achieved net negative churn, which is great because the way the pricing is structured, as I said it's a land and expand kind of model where we can get in at a lower price, but then as the business grows, as more users sign up for the loyalty program…”
Jay RawatSep 21, 2018▶ 11:251154 How we hit net churn of -5% in Loyalty Program space
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