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Soft Solutions Revenue (2024)

Soft Solutions generated an estimated $2.1M in annual revenue in 2024. Source: GetLatka estimate

Soft Solutions Limited is a pre-revenue SaaS startup founded in 2022 by Ankit Nagpal, a 37-year-old software engineer based in India. The company is building a messaging automation platform that allows local business owners to communicate with customers across WhatsApp, Facebook Messenger, Telegram, and other channels, without paying per-message fees by running its own server infrastructure.

Nagpal developed the concept after observing that patients at his wife's dental practice, which serves roughly 5,000 patients, were missing appointments because they did not read email and relied instead on mobile messaging apps. He built an initial demo in approximately two months starting in March 2022 and has since expanded to a team of eight engineers, funded entirely from his own pocket.

As of November 2022, the company is pre-revenue, with the product installed on 20 businesses on a free-trial basis to collect feedback. Nagpal has invested approximately $40,000 of a $250,000 personal fund earmarked for salaries, development costs, and opening three to four offices in India. An official commercial launch is planned for June 2023, with a target price of less than 1,000 Indian rupees per month (roughly $10) and a plan to recruit 50 sales representatives per month on a 100-percent commission basis.

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Soft Solutions Revenue

Soft Solutions generated an estimated $2.1M in annual revenue in 2024.

Soft Solutions Limited is pre-revenue as of November 2022. The company has not yet charged any customers, including the 20 businesses currently using the platform on a free-trial basis. Nagpal told the host that he plans to begin charging customers at the official launch, targeted for June 2023.

Soft Solutions Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$500K$1M$1.5M$2M$2.5M202220232024$0$1.2M$2.1MSource: GetLatka.com
YearMilestoneSource
2024Soft Solutions Hit $2.1m revenue in October 2024Estimated
2023Soft Solutions Hit $1.2m revenue in December 2023Estimated
2022Launched with $0 revenue

The planned price point is $10 per month, which Nagpal noted is less than 1,000 Indian rupees per month, a figure he said early trial users indicated they were comfortable paying. Profitability was not discussed.

Founder / CEO

Ankit Nagpal

Owner

Ankit Nagpal, 37 years old at the time of the November 2022 interview, is the founder and CEO of Soft Solutions Limited. He is a software engineer by background, citing "Let Us C++" as his favorite book, and built the initial product demo himself over approximately two months beginning in March 2022.

Nagpal's motivation for the product came directly from his wife's dental practice, which has approximately 5,000 patients. He observed that patients were missing appointments because they did not use email and instead relied on mobile messaging platforms. He has self-funded the company from a personal pool of $250,000, spending roughly $40,000 through November 2022 on engineering salaries and development. No prior companies or exits were discussed in the interview. Net worth was not discussed.

Q&A

QuestionAnswer
What's your age?40

Customers

As of November 2022, Soft Solutions Limited has 20 businesses using the platform, all on a free-trial basis with no charges applied. Nagpal described these as friends and family connections used to collect product feedback and usage data.

The planned commercial price is $10 per month per business, which Nagpal said corresponds to less than 1,000 Indian rupees per month. The pricing model is described as unlimited messaging across all integrated channels, with no per-message fee, made possible by the company's own server infrastructure. No tiered pricing, free-tier structure beyond the current beta, or seat-based pricing was discussed.

Soft Solutions Business Model

Soft Solutions Limited intends to generate revenue through a flat monthly subscription of approximately $10 per business, targeting small and local business owners across India. The model is designed to be accessible to shop owners, dental clinics, hotels, restaurants, and similar operators who want to send automated reminders and promotional messages through WhatsApp, Facebook Messenger, Telegram, and other messaging platforms.

To avoid variable per-message costs, the company built its own messaging server infrastructure, which Nagpal described as a "mini version of Twilio" running at a fixed monthly cloud cost. This allows the platform to offer unlimited messages across unlimited channels at the flat subscription price. The planned go-to-market strategy relies on recruiting 50 sales representatives per month on a 100-percent commission basis, targeting their personal networks of business owners rather than cold outreach. Nagpal also described plans to open three to four physical offices in India to support operations. Gross margin, churn, LTV, CAC, and burn rate were not discussed.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Free trials / month (2022)

20

“Ankit Nagpal: I had installed on 20 different businesses. They are all friends and family, just for the feedback, how is it going, how much business, I'm just collecting data.”

Watch at 9:30

Soft Solutions Employees & Team Size

Soft Solutions Limited had a team of eight engineers as of November 2022. Nagpal began building the team after completing the initial demo himself, adding engineers incrementally over roughly seven months, approximately one person every two months. Team members are divided by function, with separate engineers handling server infrastructure and mobile app development, among other areas.

All eight engineers are paid by Nagpal personally from his own funds. No other team roles, such as sales or marketing staff, were mentioned as currently employed, though the company plans to recruit sales representatives on a commission-only basis beginning around the June 2023 launch.

Soft Solutions employs approximately 42 people as of 2026.

Soft Solutions Team GrowthReported headcount over time01020304050202220232024444442424242Source: GetLatka.com
YearMilestoneSource
2024Reached 42 employees (October 2024)Not recorded
2023Reached 42 employees (December 2023)Not recorded
2022Reached 44 employees (November 2022)Not recorded

Frequently Asked Questions about Soft Solutions

What is Soft Solutions's revenue?

As of 2024, Soft Solutions generated an estimated $2.1M in annual revenue.

Who founded Soft Solutions?

Soft Solutions was founded by Ankit Nagpal.

When was Soft Solutions founded?

Soft Solutions was founded in 2022.

How many employees does Soft Solutions have?

As of 2024, Soft Solutions had 42 employees.

Where is Soft Solutions headquartered?

Soft Solutions is headquartered in Delhi, India.

Compare Soft Solutions to the industry

Soft Solutions operates across multiple industries. Browse revenue, funding, and growth data for Soft Solutions in each sector below.

Full Interview Transcripts

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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