Arun Kumar
- CEO at Jugl
GetLatka interview
How Jugl Reached $1.2M ARR and 400 Customers in Under 3 Years (Interview with CEO Arun Kumar)
Arun Kumar (CEO of Jugl) spoke to Nathan Latka on July 12, 2023.
Jugl figures from the interview
- Annual Revenue (2023)
- $1.2M
- Customers (2023)
- 400
- Seed Funding Received (2023)
- $2.3M
- Team Size (2023)
- 24
- ARPU (2023)
- $600 per month
“I am a good networker. I talk to people. I have my own social media channel. I publish and I talk my progress. I have around 100,000 followers. So as soon as I published, I have 500 companies who signed up. They want to try. But we spoke to people, and we selectively identified which company is suitable for us. And then we onboarded one by one. So now we have 400 organizations using our app very successfully.”
“First, initially, bootstrapped, a 250,000 invested by me and other co founder. And then we raised 2,300,000 so far, but my seed round is $3,000,000, and we'll be closing $3,000,000 in the next few months.”
“Closed as of it is a $3,000,000 seed round. I've not closed yet. I've received 2.3 so far, and I'll be receiving 700,000 in the next few months and close the 3,000,000 seed round in next two months.”