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Offer letter, PF UAN, ESIC IP all under Foo Falcon's PAN. Your hire is on our books, not a partner's.
Hire, onboard, and pay India talent with one trusted EOR partner. Reply within 24 hrs (business hours · IST).
Employer of Record with culture-fit screening + 90-day Success Coach.
Pay-on-day-90 placement fees. We share the risk.
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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Used by 59 companies hiring engineers, designers, and operators in India
The dirty secret of the India EOR market: a meaningful percentage of hires placed through global EORs leave inside the first 12 months. The hire was technically compliant · the offer letter was correct, the payroll ran, the PF was filed · but the fit was wrong. The engineer wasn't the personality the founder needed. The communication style clashed with the team. The expectations on autonomy didn't match. By month nine, both sides quietly agreed to part ways.
The cost of that exit: 6 months of runway, 2 quarters of roadmap slippage, and one round of fundraising diligence with an awkward "we let go of two early India hires" line item to explain.
We built Versatile around the opposite framing: retention-first hiring. Get the right person on the books in week one, keep them for three years, build the team around them.
Three operational shifts that compound:
Most India recruitment agencies screen on JD keywords + years of experience. We screen on culture-fit FIRST: communication style, autonomy expectations, working-hours flexibility, async vs sync preference, written vs verbal default. The technical screen happens only if culture-fit passes.
The hit rate change: instead of 30 culture-fit interviewable resumes per requisition, we send 8-12. But of those 8-12, the conversion to offer-accept is 50% (vs typical 15%).
The first 90 days are the highest-attrition window. We assign every Versatile hire a "Success Coach" · a senior engineer at Versatile who checks in weekly. The check-in is informal. Topics: how's the work going, what's blocking, are you getting feedback from the US team, is your manager treating you like a real engineer or like a contractor.
The data: hires who go through Success Coach onboarding stay 3.4x longer than hires who skip it. Across our 47 employees on payroll, the average tenure is 26 months. The category average for EOR-placed India engineers is closer to 14 months.
If you're using Versatile for recruitment (not just EOR), our placement fee model is pay-on-day-90. Not pay-on-acceptance. Not pay-on-start-date. Pay-on-day-90 of the hire's tenure. If they leave before day 90, we replace at $0. If they leave between day 90 and day 180, we replace at 50% credit.
This makes us as accountable as you are for retention. Most recruitment agencies bill at offer-accept and ghost when the hire leaves at month four. We don't get paid until the hire is materially likely to stay.
Per hire that leaves at month 9 instead of staying through year 3, the founder loses:
Conservative all-in cost of one early exit: $80,000-$120,000 per hire, before counting the morale tax on the surviving team and the management time spent finding a replacement.
If we keep one extra hire from churning at month 9 across your first 5 India hires, the math justifies our entire engagement.
Retention-first is the right model for founders building a long-term India team. It's the wrong model for founders who genuinely want short-term contract talent and expect 6-month engagements. If you're hiring for a 4-month project, just use Deel as a Contractor of Record and move on. Don't pay for retention infrastructure you won't use.
It's also the wrong model if you optimize for sheer headcount over hire quality. We'll send you fewer resumes than a generalist agency. If your hiring philosophy is "give me 50 candidates and I'll pick," we'll frustrate you.
If retention matters more than headcount, we'll get along. Tell me about the team you want to build in India over 3 years · not just the role you need to fill this month.
Start the conversation →EOR is the contract layer. The other seven things that make India hiring work are also on our books. One MSA, one invoice, one accountable entity.
Offer letter, PF UAN, ESIC IP all under Foo Falcon's PAN. Your hire is on our books, not a partner's.
Sourcing, screening, interviews. $99/position, $1,199/mo dedicated recruiter, or contingent on placement.
Group health (₹5L floater, family), accident, term life. Day-1 coverage, no waiting period, no separate vendor.
Laptop, monitor, peripherals. Locally procured, delivered before Day 1. Pass-through cost, no markup.
Welcome call, document collection, policy walkthrough, first-paycheck schedule. Five-day SLA. Three-day fastest.
Monthly run, PF + ESIC + PT + TDS, Form 16, gratuity. Eight statutory items on every payslip.
EPFO + ESIC inspections, Section 7A inquiries, audit-ready records. Inspectors come to us, not you.
Notice, F&F, gratuity, asset recovery, experience letter, UAN continuity. Clean exit, every time.
Four operational benchmarks, refreshed monthly. These are not aspirations. They are the floor.
Three engagements that show how this works in practice. Different ICPs, different scales, same EOR mechanics.
How ePublishing switched EOR providers inside one payroll cycle. UAN continuity, gratuity vesting kept intact, engineers never noticed the swap.
Read the full case →How a global tech leader scaled an India design team through Versatile, with compliance handling that held up to internal audit.
Read the full case →How Swiggy consolidated their India design and engineering hiring under one EOR. 33 invoices in 26 months, single consolidated USD invoice.
Read the full case →Foo Falcon Pvt Ltd. Running India payroll since June 2022. Four years on the books. The team behind the numbers below is the same team you email.
Named compliance lead on every account. Email replies in 4-6 hours from the same India payroll specialists who run your filings · not from a tier-one help desk.
Founder & CEO · Bengaluru
Ex-[prior employer]. Director of the entity since incorporation. DIN 09654072. On every client Slack channel.
Compliance Lead · Bengaluru
Named on every client account. Drafts EPFO replies, reviews every payslip, signs the statutory filings. The reason zero notices have landed in 36 months.
Senior Payroll Specialist · Bengaluru
Runs payroll on the first of every month. Forty-seven payslips, zero misses in the last twelve cycles. Owns UAN, ESIC, and gratuity continuity.
The questions every US founder, People Ops lead, and CFO asks before deciding on an India EOR. Detailed FAQ below; this is the snapshot.
Sign one MSA with Versatile. We are the Indian Private Limited; your hire signs an offer letter from our entity. You get a USD invoice at $99-$399/seat/month covering everything statutory.
START WITH US →5 business days from offer signed for the typical first hire, including PF and UAN registration. Fastest documented onboarding: 3 days. Generic global EORs typically take 2–3 weeks for the same scope.
GET A QUOTE →Use an EOR until you are at 20–30 India employees. Below 20, the EOR fee ($99-$399 PEPM) is cheaper than entity overhead (a director, a CA, a CS, an office address, statutory filings). Above 30, a wholly-owned subsidiary becomes economical and we help with the migration.
EOR VS ENTITY, IN DETAIL →Versatile: $99-$399 per employee, per month. Range driven by headcount and salary band, identical to India-native peers (Wisemonk, Multiplier, Skuad). No setup fee. No exit fee. First month is on us.
Global EORs (Deel, Remote, Rippling, G-P) start at $499-$699/seat for India and add per-statutory line items on top. Where Versatile wins: 6 published Foo Falcon compliance certificates, a named compliance lead, and one vendor for the whole India operation.
SEE THE MATH VS DEEL →Most India EORs do not publish their CIN, their GSTIN, or their ESI code. We do, plus the Udyam registration, the PAN, the TAN, and the actual government-issued certificates as PDFs. Click any of them to verify the entity is real, current, and active on the official Government of India portals.
Most "EORs" pass through to a third-party Indian entity you never see. We are the entity. The CIN, GSTIN, ESI code, and Udyam registration above are all on the contract counterparty of every offer letter we issue.
If you found this page useful, these are the next ones to read.
The ranked pillar guide. Honest comparison across all India EORs.
Read → More from VersatileThe definitive guide. Eight statutory items, five-day onboarding, one MSA.
Read → More from VersatileCost calculator, decision framework, the breakeven point at ~25-30 hires.
Read → More from VersatileSix India-native EORs compared head-to-head. Where each one wins.
Read → More from VersatileDirect comparison. Pricing, depth, support, all-in-one stack.
Read → More from VersatileIndia-native specialists that beat global generalists on depth.
Read →Dear founder,
If you are hiring your first engineer in India, the part nobody warns you about is not the talent. It is the eight statutory filings, the New Labour Code rebase, and the EPFO inspection notice that arrives in month three.
Versatile exists so a US founder can hire in India the way they hire in California. Sign a contract on Monday. Have a payslip on the first. Get a USD invoice that an auditor can read. Our compliance team owns every step.
If that is the kind of partner you want, our team email is on every contract: [email protected]. Write to us before you sign. We reply in 4-6 hours.
26 months across our current 47-employee book. Category average for EOR-placed India engineers (across providers) is closer to 14 months. The 3.4x differential is driven by culture-fit screening at sourcing + the Success Coach program in the first 90 days.
Every Versatile-placed hire gets matched with a senior engineer at Versatile (the "Success Coach") who runs weekly informal check-ins for the first 90 days. Topics: how's the work going, what's blocking, is the US team treating you like a real engineer. The coach surfaces friction early · before it becomes attrition.
If we recruit a hire for you (separate from EOR), our placement fee is billed on Day 90 of their tenure · not on offer-accept, not on start-date. If they leave before Day 90, we replace at $0. If they leave between Day 90-180, we replace at 50% credit. Makes us as accountable as you for retention.
If you're hiring for 4-month contract projects, this model wastes the retention infrastructure. Just use a Contractor of Record (CoR) for those. Also wrong if you optimize for sheer headcount · we send fewer resumes than a generalist agency because culture-fit screening filters earlier.
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.