“We closed last financial year closer to $22 million revenue and we are targeting close to $30 million this year. We had a growth of 2.5 to 5 times on multiple business metrics,” Vishnoi said.
The company expects its new platform “Olympus“, which combines payable, receivable and reconciliation in one suite, will be a key growth driver for the company.
“We have closer to 10,000 customers and more than 250,000 businesses connected on our platform. We expect two-fold growth in terms of businesses on our platform in the current financial year,” Vishnoi said.
He said that Olympus beta-phase trial started 2-3 months ago with 50-60 customers, which are expected to grow to around 2,000-3,000 customers this fiscal.
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Talking about technology development and its use for product offerings, Vishnoi said machine learning, AI are kind of buzzwords. “If you want to provide the right kind of experience, I think analytics is one part, which can help in providing the right kind of insights to businesses. When you are talking about providing the right kind of software and right kind of experience to the customer, those tools can be built in-house,” Vishnoi said.