Thread by @SmartSyncServ

XELPMOC DESIGN AND TECH LIMITED

AR (2019-20) Notes

Before moving further, look at this video (4-6 mins) to see how uniquely the MD & CEO Sandipan Chattopadhyay defines AI.



Thread follows

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~Started in 2015- 24 people
~IPO in 2019
~End-to-end IT service provider
~Product Dev, Data Science & Analytics
~Next Gen Tech: Al & ML
~Core theme: HEAL (Health, Edu, Agri & Livelihood)

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A unique business of providing tech solutions in exchange for equity.

Key Partnerships:

~Fortigo Network Logistic Private Limited
~Mihup Communication Private Limited
~Woovly India Private Limited
~Leadstart Publishing Services Private Limited
~Rype Fintech Private Limited

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~Market Cap of Xelpmoc: INR 450 Cr
~Cost of Inv in startups (31.03.20): 3.73 Cr
~Fair Value of Inv (31.03.20): 34.94 Cr

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The Indian Tech Start-up Landscape

~The number of start-ups based on Deep-tech has been growing at a brisk pace of 40% CAGR since 2014.

~There are more than 1600+ deep-tech Startups in India as of 2019.

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Board of Directors

~Sandipan Chattopadhyay – MD & CEO: JUST DIAL, Moneycontrol, Tata Group

~Tushar Trivedi- Chairman: Expertise in Kotak Mahindra and Citi Bank)

~Srinivas Koora – Director & CTO: Deputy CFO at Just Dial

~Jason Jose- WTD: Experience in HR, BD & Operations

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A must-read discussion with the founder:

~Cost Plus Equity Model
~No cash investment, only intellectual capital invested
~Focus sectors: HEAL
~Aspire to be always at the cutting edge of innovation and not just of technology

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Notes from MDA

~Overview of IT Industry
~Investment landscape
~Government Policy
~COVID -19 Impact

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Notes from MDA

Notable Trends in the IT Industry
~New Technologies
~Changing Business Dynamics
~Promotion of R&D
~Infra
~AI

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Top 10 Shareholders

~UNIVERSITY OF NOTRE DAME DU LAC
~THE RAM FUND, LP
~MIRIFIC PARTNERS LLP
~PRAKASH SANKER
~GP EMERGING MARKETS STRATEGIES, LP
~PANCHAGNULA VENKATA LAKSHMI NARAYANA
~ANKUR DINESH GALA
~MASSACHUSETTS INSTITUTE OF TECH
~INDRANIL NANDI
~SHAUNAK JAGDISH SHAH

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Performance Highlights

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Consolidated Financials

~Balance Sheet

~Profit & Loss

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Consolidated Financials

~Changes in Equity

~Cash Flow Statement

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Risks

~Base rate of a start-up's success is very low
~OCF negative
~Lack of clarity on the value Xelp add to the start-ups
~Limited history to bet on the future
~How do you value the company?

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This brings us to the end of AR 2019-20 Notes

While we try to figure out how to value a unique company like this, you may like to read this post on Sandipan Chattopadhyay

yourstory.com/2017/03/techie…

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