Vy Capital buys Urban Company Esops worth $5 million
According to Urban Company chief executive Abhiraj Singh Bhal, about 183 employees, across designations and roles, were eligible to participate in the latest Esop transaction, of which about 120 people, ranging from call centre executives to senior leadership, took part.
Rocketship.vc - built on data science and analytics - marks final close of Fund-II at $100 million
Founded by Anand Rajaraman and Venky Harin...
Moglix, Razorpay staff make hay while Esop buyback’s on
Separately, Moglix, which counts Accel Partners, Sequoia Capital and Tiger Global Man...
Technology hasn't adequately touched manufacturing: Moglix’s Rahul Garg
Leveraging on PM Modi’s flagship programme ‘Make in India’ which is aimed at establishing the country as the manufacturing hub of the world, the Indian government aims to achieve 25% GDP share and 100 million new jobs in the sector by 2022.
Moglix lands $60 million funding led by Tiger Global and Sequoia Capital
The company will primarily use the proceeds to ramp up infrastructure. Moglix is currently present in 14 locations, and plans to be in 22-25 industrial hubs.
Traveller's diary: Turkey's culture taught Moglix CEO business lessons
Rahul Garg shared how last year's Istanbul trip has inspired him.
Digital credit ledger, Khatabook, raises Rs 454 crore
Khatabook claims to have reached over 8 million active merchants across 11 languages in less than a year.
Moglix onboards global FMCG giant Unilever as its client
Singapore and Noida-based startup creates cloud-based contract automation SaaS tool for the Anglo-Dutch consumer product major.
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
The Action Covid Team Grants, which is possibly a first-of-its-kind initiative globally, has already received about 40% of its target corpus.
Unicorns such as Paytm, Ola, Uber keep small firms out with big pay hikes
Among top unicorn firms, including Paytm, Ola, Uber, Byju’s, Swiggy, Dream11 and Rivigo, hiring talent is at a 50% salary hike while younger firms can't go beyond a 25% hike.
Recent FDI amendment ambiguous, can hurt startups: Rahul Garg, CEO & Founder, Moglix
"We are looking forward to the upcoming budget as it is expected to bring some significant changes in policy and taxation system applicable to us," says Rahul Garg.
For the love of learning: Moglix boss is a fan of NYC's startup ecosystem, LA's diversity
A common theme that these places share is the appetite to do new things, embrace failures and move-on.
Lets Venture opens My Startup Equity
The platform will also help employees understand taxation related to sale of Esops, and exit procedures. For startups, MyStartupEquity will help founders from a compliance reporting standpoint, a significant chunk of which is still done manually.
Noida-based Moglix the fastest growing Indian tech company: Deloitte India’s Technology Fast 50 2018
The Deloitte Technology Fast 50 India program ranks the fastest growing technology companies in India based on their percentage revenue growth over the last three financial years.
Venture Highway raises Rs 560 crore for second fund
The maiden fund, whose corpus has not been disclosed, was anchored by Sood and Neeraj Arora, the former chief business officer at VOIP platform WhatsApp.