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Commercial Case / Software / Public Revenue

Documind Ltd

A web tool for asking questions and extracting information by chatting with AI after uploading a PDF, aimed at students, professionals and businesses who need to read documents quickly.

Visit official website ↗

THE BUSINESS IN NUMBERS

See the trend, not just the rank

1,3362026-10 · Ending MRR / USD
Historical trend, missing values left blank02.7K5.5K2023-09:692023-10:3582023-11:7102023-12:7262024-01:8292024-02:1,1202024-03:1,5282024-04:2,7952024-05:3,0742024-06:3,0012024-07:3,1622024-08:3,5592024-09:4,5922024-10:4,6482024-11:5,4962024-12:4,1682025-01:4,1102025-02:3,8782025-03:3,8812025-04:3,6872025-05:3,5362025-06:3,4782025-07:3,4712025-08:3,2302025-09:3,1092025-10:2,9942025-11:2,9212025-12:2,4872026-01:2,3742026-02:2,2492026-03:2,2142026-04:2,0182026-05:1,7682026-06:1,6852026-07:1,6372026-08:1,4172026-09:1,3812026-10:1,3362023-092026-10

Historical monthly records; Oct 2026 may be an incomplete month. MRR does not equal profit. Missing values left blank, negative values shown as recorded.

View period data
PeriodEnding MRR / USD
2023-0969
2023-10358
2023-11710
2023-12726
2024-01829
2024-021,120
2024-031,528
2024-042,795
2024-053,074
2024-063,001
2024-073,162
2024-083,559
2024-094,592
2024-104,648
2024-115,496
2024-124,168
2025-014,110
2025-023,878
2025-033,881
2025-043,687
2025-053,536
2025-063,478
2025-073,471
2025-083,230
2025-093,109
2025-102,994
2025-112,921
2025-122,487
2026-012,374
2026-022,249
2026-032,214
2026-042,018
2026-051,768
2026-061,685
2026-071,637
2026-081,417
2026-091,381
2026-101,336
01 / PRODUCT & PEOPLE

Who does it serve and what problem does it solve?

One of the first independent 'chat with PDF' products when ChatGPT took off, priced at about $9.93-$39.93, building users through early search rankings and its 2023 launches on HN and Product Hunt.

Target Audience

Students, professionals and small and medium businesses who need to quickly understand and search large numbers of PDFs; many of the search terms come from individual users who want to extract key points for free or convert to txt

02 / BUSINESS MODEL

How does it charge?

subscription

Premium $9.93/month; Professional $14.93/month; Enterprise $39.93/month (from Revenue record; the website homepage crawl only read the title)

The above describes historical pricing. Check official website for current prices.

03 / ACQUISITION

Where do users come from?

Traffic estimate 2026-09: the top channel is direct at 40.4%, organic search about 45%, referrals about 9%; about 400 search terms, including the brand keyword documind and document-handling long-tail queries like 'pdf to txt', 'free non account bullet points', 'is there a way to search a spocific word in docs'. About 23.4K visits last month, essentially flat month over month (+0.12%). The 2023 launch relied on Hacker News (Show HN) and Product Hunt (#3 of the day). Revenue record has no founder-reported channel. Existing users stay on subscriptions, but MRR has kept declining from $5,496 in 2024-11 to $1,336 now.

Channel share, initial acquisition, and growth drivers are distinct; correlation does not imply proven causation.

04 / YOUR NEXT QUESTION

What remains to be verified?

The following are research questions, not established market opportunities.

  • What do target users actually pay for? Is there direct user feedback or paid interview evidence?
  • Are these historical prices still active today? What are the conversion, retention, and fulfillment costs?
  • Is the "Traffic estimate 2026-09: the top channel is direct at 40.4%, organic search about 45%, referrals about 9%; about 400 search terms, including the brand keyword documind and document-handling long-tail queries like 'pdf to txt', 'free non account bullet points', 'is there a way to search a spocific word in docs'. About 23.4K visits last month, essentially flat month over month (+0.12%). The 2023 launch relied on Hacker News (Show HN) and Product Hunt (#3 of the day). Revenue record has no founder-reported channel. Existing users stay on subscriptions, but MRR has kept declining from $5,496 in 2024-11 to $1,336 now." channel still viable? What resources do indie devs need to test it?
  • Whose needs are competitors failing to meet? Find specific evidence before deciding on your angle.

05 / BUSINESS EVIDENCE

Test stories with numbers

The following signals are used to audit cases, not to automatically validate product success or market opportunities.

1,336Snapshot MRR / USD (non-profit)
1,871Snapshot 30-day revenue / USD
2026-10-24Metric updated