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00:00 Intro 01:50 From a Bedroom, to a Basement 05:53 Hiring in 2005: a Big Challenge 10:26 Building Culture, Organically 11:10 Running a Global Company in India 14:16 Being Profitable and Bootstrapped 16:16 Three Near-Death Experiences 22:40 Milestones and the Path Ahead Pallav Nadhani founded FusionCharts at the age of 17 in an effort to earn himself some extra pocket money. He succeeded in doing so, and now, 17 years later, he has more pocket money than he knows what to do with. The data visualization company has over 28,000 customers as of December of 2019, some of which include Apple, Google, Facebook, Microsoft, Adobe, Walmart, NASA, and many, many more. In this video, Pallav explains how he built FusionCharts from his bedroom and turned it into a multi-million dollar company over the course of the last 17 years. From a Bedroom, to a Basement: Pallav Nadhani was able to run FusionCharts for three years on his own before he realized that he needed help. He onboarded his first employee, a friend of his cousins, and together they worked out of Pallav's bedroom for about a year and a half. By the end of this period, they were working with over 1,000 customers, and couldn't handle to workload on their own anymore. They shifted into a basement office and started hiring more employees. Hiring in 2005: a Big Challenge: Hiring wasn't a very easy thing to do for a startup in Calcutta in 2005. India's startup ecosystem was still in its infancy, and the startup ecosystem in Calcutta was nonexistent. Employees were hesitant to join the startup despite the fact that they were already working with a number of Fortune 500 companies. However, with time and experience, Pallav was able to assemble of solid team of engineers. Building Culture, Organically: Even as FusionCharts was scaling up and the startup was onboarding more and more employees, Pallav really didn't know anything about building strong culture. Instead, he simply focused on instilling values like pride in the company, a strong work ethic, and the desire to learn and grow on the job. As a result of these values, FusionCharts was able to establish a strong culture organically. Running a Global Company in India: Less than 1% of FusionCharts' customers are Indian. This is something that Pallav takes pride in, because going global from India was a pretty big challenge when FusionCharts was first starting out. In spite of this, FusionCharts has been able to build quality products that are good enough not only for India, but also for the world. What is more, they have done so as a bootstrapped, profitable company from day 1. Being Profitable and Bootstrapped: Because FusionCharts has always been profitable and bootstrapped, they have very rarely struggled with money problems. In fact, the biggest money they have faced is a surplus of funds. The challenge for them has been to figure out what to do with these funds. Part of the reason that they are able to be profitable and bootstrapped is that FusionCharts is a very lean company: they have 68 employees serving 28,000 customers!
Welcome Back Neon Tribe! This week's episode is the definition of captivating as we welcome Pallav Nadhani and Paras Chopra, founders of FusionCharts & Wingify respectively, to the Neon Show!In today's episode, we learn about the journey of their 13-year old friendship and how young both of them were when they attained financial independence.Is it better to be your own boss or work for large corporations? What's the major difference?What does happiness & death mean to them? What topics in life give them anxiety?How important is legacy for an entrepreneur?Did they startup companies for money or to change the world?All these engrossing topics and more in this RAW & SAVAGE conversation with two of India's brightest millionaires. The most distinct conversation we've ever had on the Neon Show… Tune in NOW!*Sponsor Shoutout*Looking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.To know more, visit Primevp.in !
In this episode, I hosted Vikram Bhaskaran, Fractional CMO (former VP of Marketing, Chargebee). He has over a decade of experience in B2B SaaS Marketing at companies like FusionCharts, Freshworks, and Chargebee. I spoke to Vikram about marketing funnels and what role they play in a marketing function of a B2B SaaS. Discussed the full-funnel breakdown and different stages involved in a sales-led model and a PLG model. Vikram also shares how to align goals to different stages of the funnel along with some examples. Also, why it's important for any marketer to be aware of the entire funnel journey. All this and much more with Vikram in this episode. Connect with Vikram on LinkedIn here - https://www.linkedin.com/in/markalive/
SimplyDelivery secured €10 million in a Series A funding round led by Cusp Capital (about USD 11.8 million). SimplyDelivery software reintroduces restaurateurs to direct contact with customers, and it identifies repeat clients. In the previous three years, SimplyDelivery's annual revenues have tripled while remaining profitable. Logical Clocks secured €5M (approx. USD 5.9M in a Series A round sponsored by Industrifonden. The money will go toward expanding the company's commercial activities and footprint, particularly in the United States. Hopsworks, the world's first enterprise and open-source Feature Store with a full machine learning platform, was established and is operated by Logical Works.Fortive Corporation, a technology provider for connected workflows, has signed a definitive agreement to acquire ServiceChannel, a leading SaaS-based multi-site facilities maintenance service provider. The deal, approximately worth $1.2 billion, would primarily be funded with available cash, Fortive said in a press release.In a series of seed and Series A investment rounds, Endgame has raised a total of $17 million. Endgame is up against in-house developers who are splicing together various apps to create a solution that works for them. Endgame is currently in the early phases of development and is pre-revenue, but it already has a group of beta clients.In a Series D financing led by Warburg Pincus, Quantexa raised $153 million. Quantexa plans to use the cash to enhance its product line and expedite its regional market growth plans. Quantexa works with blue-chip banks, insurers, and government agencies worldwide, including seven of the top ten banks in the United Kingdom and Australia.Sourcegraph has raised $125M in Series D from a16z and others. The total funding raised by the company crosses $225M with this round and it aims to make its search engine easier to set up and add more features to help developers with the funding.Eka Ventures, a UK-based venture capital firm, has completed its $95 million (£68 million) fund. Eka's goal is to invest in consumer technology firms that promote sustainable consumption, consumer health, and the “inclusive economy.” Eka also has the backing of 24 entrepreneurs, 12 of whom were previously supported by Eka Ventures, either through a fund or directly.Pantheon, a SaaS platform for WebOps developers, marketers and designers, attains the unicorn tag, raising $100 million in Series E funding from SoftBank Vision Fund 2 at a valuation of over $1 billion. This round takes the company's total funding raised to over $200 million.Motorola Solutions has announced its entry into a definitive acquisition agreement to acquire Openpath Security solutions, a mobile and cloud-based access control system provider for businesses. The financial details of the deal were undisclosed but Motorola expects the deal to close by the end of July 2021.San Diego-based AttackIQ, a security optimization platform and a Breach and Attack Simulation (BAS) system vendor, has raised $44 million in a Series C funding round led by Atlantic Bridge, taking its total funding raised to over $79 million.Impact, a global management platform, has raised $105 million in a $1.5 billion funding round led by Qatar Investment Authority. The additional funds will be used to increase partnership automation, strengthen channel relationships, and expand Impact's go-to-market operations. Leading companies such as Shopify, Uber, and Walmart use Impact's marketplace.Miami-based Marco Financial, a trade finance platform providing access to working capital for LATAM small and medium enterprises, has raised $82 million in a combination of seed and debt financing round, reports state.Discord, an online voice, video and text service platform, is set to acquire Sentropy, an AI-powered tool preventing digital communities from harassment for an undisclosed amount. It is reported that Discord would integrate Sentropy's products into its existing toolkit, also bringing the latter's leadership aboard its platform. Arctic Wolf, a cybersecurity operations firm, has raised $150 million in a Series F funding round, valuing the firm at $4.3 billion. The additional funds will be utilized to keep the company on track and improve its mergers and acquisitions strategy. Arctic Wolf's cloud security operations platform provides small and mid-sized enterprises with round-the-clock security monitoring.Remote has raised $150M in a Series B funding round led by Accel at a valuation of over $1 billion. Other participants include Sequoia, Index Ventures, Two Sigma, General Catalyst, and Day One Ventures. Employees and contractors can use Remote's worldwide payroll, benefits, and compliance services. With this round, Remote attains the unicorn status.Amperity, an intelligent customer data platform (CDP) for consumer brands, has turned a unicorn, raising $100 million in Series D funding at a valuation of over $1 billion in a round led by HighSage Ventures. Other investors – Tiger Global Management, Declaration Partners, Madrona Venture Group and Madera Technology Partners – participated in the round. Bookee, a SaaS platform for the fitness industry, has announced the raise of its pre-seed funding (amount undisclosed) from Antler India. Pallav Nadhani, founder of Charts.com and FusionCharts, and Abhishek Rungta, founder and CEO of Indus Net Technologies, participated in the round, reports state.ZoomInfo is set to acquire conversational intelligence provider Chorus.ai in a $575M all-cash deal. The move is aimed to allow customers to make excellent, data-driven decisions through their sales funnel by combining ZoomInfo's top-of-the-funnel strength with insights, driven from customer conversations that Chorus captures.The $57 million Fund III of the Female Founders Fund (FFF) has been completed. The new fund expands on FFF's current investing approach in women, women of color, and LGBTQ+owned businesses. Climate change and education are two topics that have recently gotten a lot of attention.
Today's episode is part of our Micro-SaaS edition of the Trends Series.Micro-SaaS NewsletterThis is a story about how a 16 Yr Old's quest for pocket money lead to a multi-million dollar software business. , Based out of Calcutta in 2002, Pallav needed all the extra cash he could get to spend at the Bowling Alleys. He came across an opportunity to write a technical article and get paid for it. He set out to write the longest article possible since it paid by the number of words. That technical article would garner enough interest that Pallav would soon be working on the first version of the product which we today know as Fusion Charts. Fusion Charts is a charting tool for developers to use for their websites & apps. Back in 2002, the graphs and charts that we take for granted in our programs like excel today weren't really that common. The existing solutions had limited functionality and poor aesthetics. That's the problem that Pallav set out to solve in 2002.If you think about it, he was the OG in the whole Niche Software game, what we today also refer to as Micro-SaaS. Going through Pallav's journey makes you realize he did a bunch of innovative things back in the day which we now assume as part of the basic playbook. For example, Content Marketing at Scale, Optimizing for Time to First Value for the User etc.At its peak, Fusion Charts had revenues of $10M/year with extremely high profit margins. However, the journey wasn't all smooth sailing for Pallav. There were periods in the entire journey where the growth stalled and the company saw heavy attrition. In true entrepreneurial spirit, Pallav rebuilt and made a comeback. This year, Fusion Charts was acquired by Iderra Inc of the US.We go through the journey of building Fusion Charts while going deeper into topics such as content marketing, customer support and close it out with a discussion on Bootstrapped vs Venture Funded paths of entrepreneurship. If you have any aspirations of building a technology product company, you don't want to miss this one.Pallav's TwitterCharts.com - Pallav's New VentureEmail us at theindiandream20@gmail.com
In this episode, we hosted Vikas Potta to talk about how he managed the impact of Covid-19. Vikas is the VP of Sales at FusionCharts. FusionCharts helps you build beautiful charts for your web and mobile apps. Started in 2003, It’s one of India’s very first SaaS company. It now serves more than 28K customers globally. Prior to FusionCharts, Vikas was a founding member at Zepo, an eCommerce platform. He explains how he and his team were impacted by Covid-19 and how they managed to sustain the growth. They also saw a rise in renewals and expansion, so the did few activities to fuel those deals. Vikas shares the strategies that worked for him during these uncertain times in this episode. Tune in now! Connect with Vikas on LinkedIn Check out FusionCharts
Welcome to MoEngage presents NextBigWhat: Huddle AMA Live! Remote is now the reality for many, but learning need not stop. Join us for a daily AMA with leading voices in the industry. Today we have Pallav Nadhani, Founder @ Fusioncharts - a 17-year old 100% bootstrapped (and profitable) startup and importantly, one of the few product-led global businesses from India. Fusioncharts has recently been acquired by US-based Idera and Pallav answers questions on bootstrapping, going global, building product-led business.
In this episode, you will hear Pallav Nadhani, founder of FusionCharts, one of India's longest running SaaS platforms. The company has been profitable while being entirely bootstrapped and counts some of the top companies in the world, such as Facebook, Apple and Microsoft amongs its clientele. The company has now been acquired by Idera and this is a great time to listen to this talk by Pallav given at UnPluggd Conference 2014, where he goes into the journey of bootstrapping, building a product in India, entrepreneurial lessons and much more.
Meet Neil Roy, Head of Marketing for FusionCharts, a JavaScript charting library for Developers. Neil has 6 Years in Marketing, with a deep focus on Digital & SaaS marketing. This episode has a unique format and is a bit longer than usual. The goal set for this episode was to outline what FusionCharts' marketing plans are for the next 3 or 4 months, so you get to see the process that went into thinking and organizing these objectives and then we'll circle back later on, on another episode, to go back through experiments run, all the wins and losses and any major lessons learned. Neil brought so many details and so much transparency to what they're doing, that you're absolutely going to love this episode. Notes: 03:38 FusionChart's Roller Coaster Journey So Far 07:50 Revamping Marketing: Understanding The Buying Cycle and Personas 11:41 Using the JTBD Framework 12:47 Creating a "mini playground" Website 16:12 The Step-by-step Process of Website Revamp 18:15 The New Goals and Initiatives in Marketing 19:43 Increasing Relevant Traffic 26:16 Funnels, Hyper Loops and Conversion Optimization 33:14 Leads: Squeezed To the Right Extent and Nurtured To the Right Extent 36:41 Clustering Leads into Accounts 37:51 Data Systems: The Five Piece Architecture 45:54 The ROI Driven Plan of Attack 48:04 Re-purposing Thought Processes into ROI Driven Content 55:07 Lightning Questions
Pallav is the co-founder of FusionCharts (https://www.fusioncharts.com) - a JavaScript charting library, which he started in 2002, and has bootstrapped since then. He can be reached on @pallavn (Twitter) About me: www.linkedin.com/in/navalsinghiim/ I am Naval Singh. I work as Developer Representative at IBM Bangalore. The postings on this podcast are my own and don't necessarily represent IBM's positions, strategies or opinions. I hold an MBA from IIM Indore and B. Tech in Electrical Engineering from NIT Rourkela.
Pallav is the co-founder of FusionCharts - a JavaScript charting library, which he started in 2002, and has bootstrapped since then. He can be reached on @pallavn (Twitter). https://www.fusioncharts.com/ About me: www.linkedin.com/in/navalsinghiim/ I am Naval Singh. I work as Developer Representative at IBM Bangalore. The postings on this podcast are my own and don't necessarily represent IBM's positions, strategies or opinions. I hold an MBA from IIM Indore and B. Tech in Electrical Engineering from NIT Rourkela.
Pallav Nadhani, CEO and Cofounder at FusionCharts, is someone I have known for a long time, and he will always have a special place in my heart as a young entrepreneur from Calcutta, where I was born and raised. Pallav has bootstrapped an $8 million a year product company from Calcutta, and we discuss the philosophical question “Is growth at all costs desirable?”
In this week's Outliers Podcast Pankaj Mishra chats with Pallav Nadhani, founder of bootstrapped startup FusionCharts. Nadhani, who became an entrepreneur when he was only sixteen, talks about building his startup without VC money, reaching revenue milestones, and then failing. He's now building a new business while keeping FusionCharts alive.
In Episode 2 we sit down with Pallav Nadhani, Founder & CEO of Fusion Charts. FusionCharts is a simple plug & play data visualisation tool for developers and businesses. What began is a hobby project in 2003 is now a growing, sustainable & successful global business. Fusion charts has 24,000 customers in over 120 countries and is used by 80% of Fortune 500 companies, as well as NASA and the Whitehouse. They’ve achieved this with a small team of distributed across Mumbai, Bangalore and Calcutta, all while remaining 100% Bootstrapped. In this episode Soaib and Pallav discuss the challenges of building a global product from India, B2B distribution strategies, product development, pricing, customer experience, creating a design culture, and current opportunities for SaaS startups. Check out FusionCharts - fusioncharts.com Thank you to our sponsors, Blue Tokai Coffee Roasters. Check them out – bluetokaicoffee.com
Jakub Linowski is a Toronto (Canada) based interface designer. He surprised everybody this year (including himself) by releasing a viral hit called GoodUI.org. In this interview we go behind the scenes, and try to unpack that success. There's lots of good insights in here for content marketing and conversion optimization. Sponsors This show wouldn't be possible without these great sponsors. When you support them, you support the show! Are you creating an application that needs charts or a dashboard? FusionCharts is a JavaScript charting solution trusted by over 450,000 developers around the world. They have tons of interactive and animated charts with advanced features like tooltips, drill-down, chart export and zoom. Their charts also work across PCs, Macs, iPads, iPhones and Android devices. You can download a free-trial at: Go to fusioncharts.com Sprint.ly has been there from the beginning. Perfect for software teams of 3 or more people, Sprint.ly is the easiest way for managers and developers to track the software development process. You and your team can try Sprint.ly for free, go to www.sprint.ly. Use the code productpeopletv2013 to get 10% off! Notable quotes "What stirred the discussion was that people were pissed off about the fat, big footer (where the email signup was)." "People were asking: what's this 'good ui' guy doing with that big footer?" "If you look at conversion optimization, the footer was a clear success. My conversion rate on that email sign-up is 20%. I have over 26,000 people on my list right now." "There's a few factors that affected the success of sign-ups: the visibility of the call to action, plus a promise for future content, plus visuals that a depict a clear idea (they were sketched out on purpose), social proof, a small number of fields (just email), no commitment, the ability to unsubscribe at any time" "It costs me $200/month to send emails to this list." "Your landing page should be opinionated. This will fuel the debate and discussion. On Goodui.org I had this element of 'this vs that'; I think stat stirs interest." Show notes Linowski.ca Jakub on Twitter GoodUI.org
This week I get into the meat and potatoes with Chase Reeves. This is part 2 of our discussion. This week we talk about that struggle of building products, especially when you're just starting out, and trying to figure out which direction to go in. Sponsors This show wouldn't be possible without these great sponsors. When you support them, you support the show! Are you creating an application that needs charts or a dashboard? FusionCharts is a JavaScript charting solution trusted by over 450,000 developers around the world. They have tons of interactive and animated charts with advanced features like tooltips, drill-down, chart export and zoom. Their charts also work across PCs, Macs, iPads, iPhones and Android devices. You can download a free-trial at: Go to fusioncharts.com Sprint.ly has been there from the beginning. Perfect for software teams of 3 or more people, Sprint.ly is the easiest way for managers and developers to track the software development process. You and your team can try Sprint.ly for free, go to www.sprint.ly. Use the code productpeopletv2013 to get 10% off! Notable quotes "I'm essentially a marketing guy, who's trying to make something instead of just sell something." "I have my Bachelor of Science in Religious Studies. It's true. I have one of those." "Why do I love Louis CK so much? He makes me feel comfortable in my own skin." "Why am I working so hard? Why wouldn't I just become a janitor?" "What could I do? I'm just a guy that could be a pretty decent blues band." "How much do you worry about money now?" "You can have a successful business in 10 years, if you start right now. You can't expect it to happen in 1 year; you should probably think about it happening over 4 years" Show notes Chase Reeves on Twitter Chase Reeves' blog Fizzle.co His old blog: Write to Mean Chase Reeves on Adam Clark's the Gently Madd Proper Confidence
This week, I’m joined by a man. A man named Chase Reeves. We’re going to talk about the business they’re building over there at Fizzle.co. Chase and I both like to talk, so this is a two-parter! This is part 1. Sponsors This show wouldn't be possible without these great sponsors. When you support them, you support the show! Are you creating an application that needs charts or a dashboard? FusionCharts is a JavaScript charting solution trusted by over 450,000 developers around the world. They have tons of interactive and animated charts with advanced features like tooltips, drill-down, chart export and zoom. Their charts also work across PCs, Macs, iPads, iPhones and Android devices. You can download a free-trial at: Go to fusioncharts.com Sprint.ly has been there from the beginning. Perfect for software teams of 3 or more people, Sprint.ly is the easiest way for managers and developers to track the software development process. You and your team can try Sprint.ly for free, go to www.sprint.ly. Use the code productpeopletv2013 to get 10% off! Notable quotes "There's a lot of drama and pasta in how you say JavaScript." "I was a self-taught, no lessons webby designer guy." "My first freelance gig was with Corbett Bar; by the time I was done his website, we were in partnership discussions." "That church background steeps you into existential questions: and these lead to creative endeavours. It also gives you lots of opportunities to be creative." "The tip is, be willing to be an apprentice underneath someone who's more advanced than you." "With partners: waste as much time as you can, just talking. Get on the phone and just talk." "There's something humanizing in just talking to someone; hearing their voice." "Do your creative stuff in the morning. In the afternoon do customer support, email, meetings." "Good for you Ryan!" Show notes Chase Reeves on Twitter Chase Reeves' blog Fizzle.co His old blog: Write to Mean Chase Reeves on Adam Clark's the Gently Madd Kevin Rose's conversation with Ryan Carson (Foundation)
In our last episode we talked about how David started working as a contractor for 37signals making $15 an hour. He eventually worked his way up, and became an owner in the company (along with Jason Fried). In this episode we talk about he and Jason work together on a daily basis - and we go behind the scenes on their decision to rebuild Basecamp. We also talk about how he got into driving race cars (a mere 2 years after he got his license). This is part 2 of the interview. Sponsors This show wouldn't be possible without these great sponsors. When you support them, you support the show! Are you creating an application that needs charts or a dashboard? FusionCharts is a JavaScript charting solution trusted by over 450,000 developers around the world. They have tons of interactive and animated charts with advanced features like tooltips, drill-down, chart export and zoom. Their charts also work across PCs, Macs, iPads, iPhones and Android devices. You can download a free-trial at: Go to fusioncharts.com Sprint.ly has been there from the beginning. Perfect for software teams of 3 or more people, Sprint.ly is the easiest way for managers and developers to track the software development process. You and your team can try Sprint.ly for free, go to www.sprint.ly. Use the code productpeopletv2013 to get 10% off! And let me share with you something that one of our listeners is working on: Follow @TopSideConcepts on Twitter.Randy is working on a product that will help companies improve their service by prioritizing input from customers. It's a really neat concept. Check it out: www.topsideconcepts.comNotable quotes "When you're starting to build something new, it doesn't really help to have a bunch of cooks in the kitchen." What are you doing now? "We have a new product idea in mind. I'm doing the same thing I did on BCX; just me and a designer, just spiking things out. If we decide to go ahead and build it, we'll involve more people." Do you just like building new stuff? "No, I'm not just about greenfield development. I get a lot of pleasure about building things to last - I'm still working on Ruby on Rails a decade after I made the first changes. That's still really satisfying to me. To me it's just programming that's fun." "Driving race cars is a dangerous amount of fun." "When I discovered Ruby, I wanted to spread the wealth - to share it with as many programmers as I could." "What is really interesting to me (about programming) is getting in the zone; where you lose track of time, and other concerns. That's a rare state of mind to be in." Show notes Remote: Office not required (David and Jason's new book - out October 29, 2013) DHH Racing on Twitter DHH Racing website DHH Racing YouTube channel Book: Flow DHH on Twitter David's personal blog Ruby on Rails