AngelList, a US-based curated closed marketplace for startups and investors, has launched a cap table management product for India — EquityList. In addition to enabling cap table management, this free product will also help startups create stock option programs and issue grants.
As companies grow and multiple investors join the company’s board, cap tables tend to become complex and managing them on spreadsheets makes them prone to errors. EquityList aims to automate this process for Indian startups and reduce inefficiencies.
Earlier this year, the Bengaluru-based deal-making platform LetsVenture also launched an ESOPs management tool called MyStartupEquity. Speaking about the existing ESOPs management tool in the market like MyStartupEquity, Sumukh Sridhara CEO of EquityList agreed that there is a growing market for such tools in India as more companies adopt ESOPs and employees begin to expect them.
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AngelList Launches Cap Table Management Platform For Indian Startups, EquityList
EquityList will also help startups to create stock option programs and issue grants Aims to provide Indian startups with a caliber of cap table software that is used in Silicon Valley LetsVenture also launched an ESOPs management tool MyStartupEquity in Jan 2020 AngelList, a US-based curated closed marketplace for startups and investors, has launched a cap table management product for India - EquityList .
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