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SaaS Interviews with CEOs, Startups, Founders

1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 20 January 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Aayush Jain is the co-founder and CEO of Greendeck, which helps online retailers increase their profits by implementing dynamic pricing. Before Greendeck, Aayush co-founded TrueMD (an online pharmacy) and HealthOS(APIs for healthcare data) and lead to its acquisition by a giant Indian IT firm.

Transcript

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0:00.0

He's stuck with his four friends across many companies.

0:02.4

They launched this one in 2017 after exiting a health tech startup.

0:06.2

Green Deck is helping retailers, fashion brands, and others dynamically price, get pricing

0:10.4

recommendations real time and then use information from Green Deck to make, again, those

0:14.5

decisions manually themselves on their platforms, even on a daily basis.

0:18.0

They've got four customers right now paying about $2,500 per month, so $ $10,000 per month in revenue. They raised $120,000 from tech stars and

0:25.2

SAP. They went through the Berlin program there. This is the top entrepreneurs podcast where

0:31.1

founders share how they started their companies and got filthy rich or crash and burn.

0:38.7

Each episode features revenue numbers, customer counts, and other insider information

0:44.4

that creates business news headlines.

0:48.0

We went from a couple hundred thousand dollars to $2.7 million.

0:51.2

I had no money when I started the company.

0:53.2

It was $160 million, which is the size of any IPOs.

0:56.6

We're a bit strapped.

0:57.6

We have like 22,000 customers.

1:01.5

With over 5 million downloads in a very short amount of time,

1:05.7

major outlets like Inc are calling us the fastest growing business show on iTunes.

1:10.6

I'm your host, Nathan Latka,

1:12.6

and here's today's episode. Hello, everyone. My guest today is Ayush Jane. He is the co-founder

1:18.9

and CEO of Green Deck, which helps online retailers increase their profits by implementing

1:23.1

dynamic pricing. Before Green Deck, he co-founded True True MD in online pharmacy and Health OS APIs for

1:29.5

healthcare data and led to its acquisition by a giant Indian IT firm.

...

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