Hi Piyush ji,
-
It should not. Zoyer is based on vendor payments & even vendors are mostly paid in H2. Generally Indian businesses don’t spend much in Q1 as budgets are being finalized. This is my view based on the companies I’ve worked in
-
Yes, it’s probable that the system will be streamlined. Referencing back to the earlier question a person had made and assuming everyone pays per schedule – plus with Zaggle growing, the 30-60 day cycle and esp. in H2 which is a heavy period, comes to 20% of revenue which is receivables as on 31st March.
Thanks for the note though. Ofcourse, I might be wrong in this assessment and will be happy to add to it as more information gets revealed in future calls/interviews
PS: Pleasantly enough, there is a direct line that has opened. It seems my newsletter reached Mr. Raj N’s mailbox and he’s subscribed to my newsletter
Subscribe To Our Free Newsletter |