India-native entity Foo Falcon Tech Pvt Ltd ยท CIN U72900KA2022PTC163007 47 engineers paid ยท Apr 2026 14 US/UK companies on the entity 0 notices since founding 4 yrs on the books 5-day contractual Go-Live SLA $149/employee/month ยท first month free PF ยท ESI ยท S&E across all 28 states + 8 UTs Income Tax Act 2025 ยท Form 130 ready DPDP Act 2023 ยท 24-hr breach SLA
Agent of Record ยท India Benefits Administration ยท Versatile

India benefits, handled.

Versatile as your Agent of Record for India benefits. Health insurance, life insurance, ESOPs, equipment procurement. Same Employer of Record team. Benefits-only scope. $29 per employee per month.

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4 yrs On the books
47 Engineers paid ยท Apr 2026
14 US/UK companies on the entity
0 Notices since founding
Tell me about your first hire

I read every form personally. You will hear from me on email within 4-6 hours, with a draft offer letter attached.

By submitting, you agree to our privacy & terms. First month is on us. Or email our team directly.

Used by 59+ global companies hiring engineers, designers, and operators in India

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India EOR tailored to your home country.

Each route speaks your tax authority, your currency, your data regulator, your entity type. Click your flag to see the EOR setup your finance and legal teams will read first.

Not sure which fits? See the full country router.

Used by 59 companies hiring engineers, designers, and operators in India

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You run the entity. We run the benefits stack.

Agent of Record (AOR) is for companies that already have their own Indian entity but don't want to source, negotiate, and administer the benefits stack themselves. Same Versatile compliance team. Benefits-only scope. EOR-grade discipline applied to a narrower mandate.

What an Agent of Record actually does

Group health insurance, sourced and managed

India's group health insurance market is fragmented. We source quotes from ICICI Lombard, Star Health, HDFC ERGO, Bajaj Allianz. Negotiate the policy. Administer claims. Coordinate top-ups for senior bands.

Group life insurance, same discipline

Term life cover for every employee. Coordinated with the group gratuity policy at LIC. One renewal cycle, one premium invoice, one claims contact.

ESOP administration, India tax-compliant

India ESOP rules are different from US RSU rules. Perquisite tax at exercise. Capital gains tax at sale. We coordinate with your equity admin platform (Carta, Pulley, Slice) and the India payroll for accurate tax treatment.

Equipment procurement, centralised

Mac laptops, monitors, accessories sourced from our Bengaluru warehouse. Asset-tagged, insured, returned on exit. One vendor for the whole hardware lifecycle.

Wellness budget administration, policy-grade

Annual wellness allowances, gym memberships, mental health subsidies. We administer the reimbursement, file the proper TDS treatment, and keep documentation audit-ready.

Compliance documentation, audit-grade

Every benefit traced to a policy, a premium invoice, and a claims log. Audit packets prepared annually. Same documentation depth we hold for Employer of Record clients.

When AOR fits, when EOR fits

You need...Use
No India entity yetFull employment + benefits + complianceEmployer of Record
Have an India entity, no benefits teamSourced + administered benefits stackAgent of Record
Have an India entity + benefits, no payroll teamMonthly payroll + statutory filingsManaged Payroll
Have everything except contractor coverageContractor agreements + USD invoicingContractor of Record

Your entity. Our benefits team.

$29 per employee per month ยท Group health + life + ESOP admin + equipment ยท No setup fee

Map your AOR scope โ†’

Same India operation. Different angle.

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Questions we hear most.

What is the difference between Agent of Record and Employer of Record?
Employer of Record (EOR) is the legal employer of your India team. We sign the employment contract, run the payroll, handle every statutory obligation, and absorb the employment law liability. Agent of Record (AOR) is narrower: you remain the legal employer (because you have your own Indian entity), but we source and administer the benefits stack (insurance, ESOP, equipment, wellness). EOR is full-stack. AOR is benefits-only.
Yes. AOR is for companies that have their own Indian Private Limited. If you don't have one yet, you want EOR. Versatile can also help you transition from EOR to your own entity (then to AOR + Managed Payroll) when team scale justifies it.
Sourcing, negotiating, and administering the benefits stack: group health insurance, group life insurance, ESOP coordination, equipment procurement, wellness budget administration, and audit-grade documentation. The actual insurance premiums and equipment costs are pass-through (no markup). Only the AOR administration fee is the $29.
You can. But running an India benefits stack at scale (50+ employees) involves quote sourcing, policy negotiation, claims administration, renewal cycle management, and audit documentation. The administrative load justifies the AOR fee for most teams. Below ~20 India hires, direct procurement is fine.
Yes. India ESOP rules (perquisite tax at exercise, capital gains at sale) are different from US RSUs. We coordinate with your equity admin platform (Carta, Pulley, Slice) and your India payroll team. Form 16 reflects the perquisite correctly. Form 26AS reconciles. Exit-time capital gains math is documented.
Yes. The AOR fee is modular. You can use Versatile only for group health insurance (skip ESOP), or only for ESOP and equipment (skip insurance). We price the modules transparently and you choose. Most companies start with insurance + equipment, then add ESOP as the team grows.

Hire in India. Without the panic.

Tell me about your first hire. I will reply on email inside 4-6 hours, with a draft offer letter attached. Then my support team takes the depth.

$99-$399 ยท per employee ยท per month 5 day onboarding SLA 0 setup or exit fees 1st month free 59 companies served