Armaan Puri
- CEO at FolkTalk
GetLatka interview
How FolkTalk Is Building AI Video Translation With 11 Beta Users and No Revenue Yet (Interview with CEO Armaan Puri)
Armaan Puri (CEO of FolkTalk) spoke to Nathan Latka on March 20, 2023.
FolkTalk figures from the interview
- Beta Users (2023)
- 11
- Paying Customers (2023)
- 0
- Team Size (2023)
- 5
- Year Founded
- 2022
“So right now, we are in our beta stage. We have unpaid customers who are using our product and testing it and getting ready to kind of use it commercially. But on average, a content creator would pay us about $150 a month. And it's different for enterprises, as you mentioned, McDonald's. So if McDonald's were to use it for their internal or even for their ad campaigns, then our pricing would be somewhere around a thousand dollars for enterprises,”
“Right. So right now we have 11 customers that are on our beta list or not paying. So out of that, one is a pretty big ed tech company. So inside the ed tech company, they have multiple educators and instructors. So, if we're not taking into account them, we're not accounting for them as separate from the EdTech platform. So, that's just one customer that we're counting them as. And the others are all content creators ranging from about”
“Right. So that's interesting because our journey has been has relied a lot on network. So, I am connected directly to a lot of people in the content creator space. One of my co founders also is directly in touch with educators and content creators. So about 50% of them, we have acquired through simply emails, cold emails and pitching our product.”
Bio
Armaan is an AI researcher and entrepreneur with experience at top research labs in India and Singapore. He has created innovative vernacular AI products resulting in multiple patents and research papers, with demonstrated market success.