Urban Company & LetsVenture create open-source ESOP Framework for Startups

India’s leading home service marketplace Urban Company has rolled out an open source ESOP framework policy for India’s startup ecosystem. To create this framework policy, it has collaborated with MyStartupEquity, a cap table and ESOP management product by investment firm LetsVenture. Urban Company and MyStartupEquity claim that ESOP is a generally tedious process and they plan…

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KreditBee raises $70Mn in extended series C round, early stage investors make exit

Fintech startup KreditBee's holding entity Finnov has secured an additional $70 Mn in an extended series C round. With the fresh capital infusion, the company has officially concluded its Series C round. The latest capital infusion was spearheaded by TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity. The follow up Series C round also had…

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