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Sreenivas Kanumuru

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How Vtiger Grew to Over 3,000 Customers Without Raising Capital, Spending Under $50,000 on Ads in 13 Years (Interview with CEO Sreenivas Kanumuru)

Sreenivas Kanumuru (CEO of Vtiger) spoke to Nathan Latka on November 16, 2017.

Vtiger figures from the interview

Customers (2017)
3,000+
ARPU (2017)
$100 per customer per month
Team Size (2017)
102
Prior Monthly Revenue (late 2016)
$220,000 per month
Bootstrapped
Yes, no outside capital raised
“vtiger is actually a SaaS based CRM player, and we started out back in 2004. So Vtiger actually started out as an open source project. And in around 2010, we shifted to the SaaS business model, and most of our customer base is SMBs”
“$100 per customer.”
“We are a little over 3,000 customers.”

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Bio

I am from Hyderabad (South India). I studied BTech at JNTU (Hyderabad) and MS at University of Delaware. I worked at AT&T for 2 years. In 1995, i joined Tony Thomas shortly after he founded Zoho Corporation (formerly Adventnet). In 2004, i then followed Tony when he launched another startup, which transformed to become Vtiger in 2007. I have been CEO at Vtiger since 2008.

Company

Vtiger

Bengaluru, India · Founded 2004

Revenue
$11.6M
Team size
209
Customers
3K

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Also at Vtiger