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Shipturtle is a SaaS-based plugin which converts any website into a multi-vendor marketplace and is a part of IIMB NSRCEL Velocity Startup Cohort. Sharad Kabra, Founder, Shipturtle talks to us. SaaS can help the partner community to reach their customers online and grow their business.
What is the geographical expanse of your expanse across metro and non-metro cities in India?
Sharad Kabra - We are a global product with 70% revenue in India and the remaining 30% outside currently. We have clients in 50+ countries and as far flung as Trinidad and Tobago, Cyprus, Phillipines etc.
What was your revenue growth % in the last one year?
Sharad Kabra - We have been in the market only for the last 1 year, growth has been 10% month on month.
What has been the rate of adoption of SaaS-based solutions by your organisation in the last 1 year in India? How does it compare to the other foreign markets you deal with?
Sharad Kabra - We consume several SaaS-based solutions like Zoho books, Hubspot, Figma, Confluence, etc. I have no means to compare with foreign markets. Our clients have shown a keen interest in our SaS offering, which they can avail to grow in their business.
What challenges do you face in this field? How do you resolve these challenges?
Sharad Kabra - In building tech products, the most critical aspect is hiring a great team and Go To Market; especially global.
We also have many general challenges in terms of funding, mentorship, PR etc. but with the startup ecosystem evolving the way it is in India, with the right networking all of these are much easier to solve than a few years back.
Special mention to the GOI and its Startup India scheme and support which has led to this big push for entrepreneurship across India.