1306 Weird Way He's Using Shopify To Grow MRR Past $50k Helping Non Techies Launch Mobile Apps

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6 • 683 Ratings

🗓️ 20 February 2019

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Atul Poharkar is the Founder and CEO of Plobal.ai. In 2016, Atul realised that even though mobile apps were the default future, the technology was limited to just the bigger players. That's when Plobal was born. He and his team built a platform for developing mobile apps and setting up the mobile commerce success journey for businesses without compromising on any tech abilities.

Today, Plobal powers mobile commerce for hundreds of fast growing Shopify and Shopify Plus stores and has partnered with some of the biggest tech companies, including Google (Instant Apps), to bring the most cutting edge tech to their businesses. The team is building towards putting m-commerce on autopilot viz. autonomous commerce.

Atul's future plans include roaming around the globe, gaining new experiences while serving as a bartender at local watering holes.

Transcript

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0:00.0	Global apps helping you guys build Shopify apps for mobile much, much faster launched in 2016,
0:05.2	now serving 260 customers at $210 a month.
0:08.3	That's $54 grand per month today and monthly recurring revenue up from $9,000 a month
0:12.1	just a year ago, number one growth channel SEO keywords, number one for Shopify mobile app
0:16.4	and the Shopify app exchange.
0:18.9	They are profitable, about $20, per month, going to the bottom line.
0:22.5	They've only raised 500 grand, team of 24 in India, 60% revenue churn per year. He's working on
0:27.5	driving that down. Again, no really cacket. It's all SEO and content marketing for these key
0:32.5	terms and Shopify's app exchange. This is the top entrepreneurs podcast where founders share how they started their companies and got filthy rich or crash and burn.
0:45.8	Each episode features revenue numbers, customer counts, and other insider information that creates business news headlines.
0:55.0	We went from a couple of hundred thousand dollars to 2.7 million.
0:58.5	I had no money when I started the company.
1:00.5	It was $160 million, which is the size of any IPOs.
1:03.8	We're a bit strapped.
1:04.8	We have like 22,000 customers.
1:07.8	With over 5 million downloads in a very short amount of time,
1:12.9	major outlets like Inc are calling us the fastest growing business show on iTunes.
1:17.8	I'm your host, Nathan Latka, and here's today's episode.
1:22.3	Hello, everybody.
1:23.0	My guest today is Atoll Poharkar.
1:25.1	He is the founder and CEO of ploble.a.i. In 2016, he realized that even though mobile apps for the default future, the technology was
1:31.9	limited to just the bigger players. That's when Plowbal was born. He and his team built a
	...

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