Xelpmoc Design & Technology Ltd - Another Ycombinator in making?

@XelpmocT is a Data Science Company and is essentially the reverse of the word "COMPLEX"as management believes in Simplicity and turning complex things into simple for their Partners.

@Arunstockguru @Gautam__Baid
About the company

The company is focused on building the next generation technology especially in AI and ML Space, with a keen interest in Natural Language Processing & Data analytics. Xelpmoc have four sources of business which are Startups, Corporate, Government and Products
Financials ( Last four quarters)

SALES
Q2FY20 : 1.51 crs
Q3FY20 : 2.13 crs
Q4FY20 : 3.26 crs
Q1FY21 : 3.51 crs

PAT
Q2FY20 : (1.10) crs
Q3FY20 : (0.16) crs
Q4FY20 : 0.47 crs
Q1FY21 : 1.67 crs

EBIDTA Margin

Q2FY20 : (88.08%)
Q3FY20 : (19.25%)
Q4FY20 : 16.56%
Q1FY21 : 40.17%
Company's Vision

To make an impact in the lives of larger section of the society. It adhere to solutions to next 700 million Indians which have the potential for the next 3.5 billion world citizens in Africa, Southeast Asia and other such socio-economic pockets like India.
Promoter's Background

Sandipan Chattopadhyay ( @onewhocsall) was the tech brain for @moneycontrolcom, Justdail and also built @TataCompanies 's first website and is now Co-founder of the youngest startup to launch an IPO, Xelpmoc Design and Tech.
Promoter's Background (Contd.)

Sandipan is a guy who understands market and he's having some Great execution skills and always under promise & over deliver which is pretty much appreciated by the market.
New Development

The company recently added a new client who is one of the leading chains of schools in India which has 40 schools in 14 major cities known for their quality of education and academic excellence.
Revenue Share

Currently, 85% of revenue comes from Indian Market and rest from overseas market. The overseas revenue share increasing every quarter and company aims to increase it further going ahead to diversify well and minimise the overall risks and uncertainty.
Startup Investments

The company also invest in startups at a seed stage. Mostly they don't put cash for those equity investments or ownership but in exchange they provide their tech support and also works with startups as a Co- founder and CTO to them.
Startup Investments (Contd.)

Some of their promising portfolio companies are EduTech Ventures, 4tigo, @Mihup2 @WoovlyApp, @snaphuntjobs, @Leadstart_P, @Kidsstoppress, Taxitop Media, Slate, etc
Startup Investments (Contd.)

Couple of Xelpmoc's Portfolio Companies have also been backed by some popular venture capitalists and big names in the industries like @Accel_India, @IdeaspringCap, @beenextVC, @SucSEED_IN, @NandanNilekani
Startup Investments ( Contd.)

Thier total cost of investment in startups would be around 3.5 crs and fair vaule as on FY20 is around 35 crs. It's already 10 baggers in less than 4 years...
Update On Fortigo Network Logistics (Portfolio Company)

Xelpmoc is holding around 5% stake in Fortigo. It is a kind of a fin-tech and hi-tech for truck drivers and currently they would be having around 1.2 lacs trucks on their platform.
Contd.

Recently one of 4tigo's founder said in one interview that the company aims to grow 10x over the next two years. Also, some rumours in the market that they are soon planning to raise funds at 2000 crs valuation which itself translates into value of 100crs for Xelpmoc.
Contd.

According to (ASSOCHAM), India can save over $50 billion if the cost of logistics & transport is reduced from around 14.4% of GDP to 9% of GDP. Compared to this, other developing countries spend less than 8% of their GDP

Xelpmoc remains the best proxy to play this theme
Update on Mihup (Portfolio Company)

Xelpmoc is holding around 11% stake in Mihup, AI-enabled speech recognition platform, and it was recognised as one of the Top 50 startups in the world as per Bloomberg's report. Mihup advantage is that it also works in offline scenario.
Contd.

Artificial Intelligence for speech recognition market in India is anticipated to expand at a compound annual growth rate (CAGR) of ~65.17% during the forecast period (2019-2024).

Again Xelpmoc remains the best proxy to play this theme as well.
Update on Woovly (Portfolio Company)

Woovly, another portfolio company of Xelpmoc where they are holding 26% stake in it. Woovly is a social discovery platform and their user acquisition has gone over 6 times compared to previous year from 3 lakhs to 20 lakhs.
Contd.

The Government of India's ban on 59 Chinese apps, including the hugely popular TikTok, has opened up the user-generated short video market for local players which also largely benefited woovly

Again Xelpmoc remains the best proxy to play the short video market theme.
Company Update

Xelpmoc is one of a kind of company which don't have any competitors or peers in India. In the concall management said,"Ycombinator ( @ycombinator) is one such thing where we can find some sort of a similarity between what we are doing and what there in US."
Company Update (Contd.)

Xelpmoc, along with TIE and Your Story, is the incubating company to FSSAI and helping them to get the right kind of technology and solution for food problems in India.
Here's closing it with Sandipan Chattopadhyay's comment of his recent Earnings call with investors.
You can follow @Ayush_Gupta03.
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