Satya Prabhakar, founder and CEO of Sulekha, forecasts a demand rebound across India's local services marketplace as lockdown restrictions ease.
0:00 / 0:04exact quote · 4.6s
720p mp4 · rendered on demand · StarZero watermark
“But we are expecting in the next three months for it to go back up to about one and a half million per month again.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Satya Prabhakar
Opinion
Prabhakar: India is the last large internet market globally
“While India is an exciting country, it's the last large internet market that is available in the world, so everybody is coming to India, everybody is investing in India”
Satya PrabhakarApr 1, 2021▶ 9:48The $30 Million Marketplace Out of India
AssertionNot checkable as stated
Sulekha sales dropped 80% in one month during March 2020 lockdown
“Just in a matter of one month, our actual sales have dropped 80%. Eight zero.”
Satya PrabhakarApr 1, 2021▶ 13:07The $30 Million Marketplace Out of India
PredictionDidn’t hold up
Sulekha predicts $40M to $50M revenue upon 2023 US events recovery
“So that market has come to a complete freeze. So we are expecting that in the year, 20, 23 was when we will get get that market back. And once we get that market back, we'll be able to hint the numbers that you're talking about.”
Satya PrabhakarApr 1, 2021▶ 16:11The $30 Million Marketplace Out of India
AssertionNot checkable as stated
Prabhakar: Sulekha service providers pay $100 to $2,500 monthly
“And that one actually Nathan varies from anywhere between a hundred dollars to about 2500 dollars a month.”
Satya PrabhakarApr 1, 2021▶ 6:49The $30 Million Marketplace Out of India
Disclosure
Sulekha has raised approximately $40M to date
“Till date we have raised about forty million dollars.”
Satya PrabhakarApr 1, 2021▶ 7:39The $30 Million Marketplace Out of India
AssertionNot checkable as stated
Prabhakar: Sulekha serves 40,000 to 50,000 paying providers quarterly
“So we have, in this quarter, we would have the number of live, ah, service providers who we have served, who have paid us money and served would be in the, in between 40,000 to 50,000 from across India.”
Satya PrabhakarApr 1, 2021▶ 11:59The $30 Million Marketplace Out of India
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 2,600 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.