Apurva Mankad
- Founder and CEO at WebXpress
GetLatka interview
How WebXpress Hit $1M ARR in India Tracking 5 Million Shipments a Month for 100 Enterprise Customers (Interview with CEO Apurva Mankad)
Apurva Mankad (Founder and CEO of WebXpress) spoke to Nathan Latka on March 30, 2022.
WebXpress figures from the interview
- ARR, India (2022)
- $1M
- Customers (2022)
- 100
- Shipments Tracked (2022)
- 5,000,000 per month
- Team Size (2022)
- 70
- Revenue Growth (2021)
- 35%
“Supply chain today has become a very crucial operation for every company post COVID. And given the disruptions which are never ending today, there is a very key requirement for having a clear visible supply chain across your network. Today people are paying us for using our system where we bring in large number of logistics partners onto a single platform and give them one single window by which they can look at any shipment as it moves across their supply chain and gives them a prediction if it's going to fail and it's going to be late and they can act on it before it's too late.”
“So since we operate in the Indian market, our average customer typically pays us somewhere in the range of around $1,000 a month. That's a typical pay that we get from our customers today. On the higher side, it can go to $5,000 a month. On the lower side, it can go to as low as $500 a month.”
“We were about 35% less. So last year we grew by about 35%.”
Bio
Apurva Mankad, Founder & CEO, WebXpress Mr. Apurva Mankad is Founder & CEO of WebXpress- A Global Integrated Transportation & Logistics IT SaaS provider. Apurva is an Engineer with Post-Graduation in Management from Mumbai University, India. Apurva has over 20 years of Technology Solution experience in Transportation and Logistics industry. As an entrepreneur and founder of WebXpress, Apurva believes in developing product in India for the global market, especially in Emerging markets. Today, WebXpress has over 100 customers across India, South East Asia and Middle East. Some of the customers are leading names such as Fedex, Pantaloons, Linfox, Agility, Madura, Toll Logistics, Snowman, Future Supply Chains, DTDC, Coldex among others. Apurva is passionate about leveraging new technology for measurable productivity gains for logistics industry. He is now focusing on creating platforms leveraging Mobile, Internet of Things, Cloud and Analytics for next generation of growth. You can follow Apurva on LinkedIn at http://in.linkedin.com/in/webxpress