India-native entity Foo Falcon Tech Pvt Ltd · CIN U72900KA2022PTC163007 47 engineers paid · 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 · first month free PF · ESI · S&E across all 28 states + 8 UTs Income Tax Act 2025 · Form 130 ready DPDP Act 2023 · 24-hr breach SLA

EOR vs entity calculator.

Compare Versatile Employer of Record to your own Indian Pvt Ltd.
Breakeven shows up around 25-30 hires.

Book a Call
4 yrs On the books
47 Engineers paid · Apr 2026
14 US/UK companies on the entity
0 Notices since founding
Foo Falcon Pvt Ltd · CIN U72900KA2022PTC163007 · Incorporated 28 Jun 2022
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

Swiggy LinkedIn Jupiter Money Razorpay Lenskart Giant Eagle NxtWave Pocket FM BlogVault Tekion ePublishing Sensibull AiSensy Almabase NuCash GoMarble Climate Connect Pop Club Zywa CreamCollar Fiducia Monk Tech Labs
▷ Pick your EOR route

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.

🇺🇸India EOR for USA→ 🇬🇧India EOR for UK→ 🇦🇺India EOR for Australia→ 🇨🇦India EOR for Canada→ 🇩🇪India EOR for Germany→ 🇫🇷India EOR for France→ 🇸🇬India EOR for Singapore→ 🇳🇱India EOR for Netherlands→ 🇮🇪India EOR for Ireland→ 🇳🇿India EOR for New Zealand→

Not sure which fits? See the full country router.

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

Swiggy Jupiter Money LinkedIn ePublishing Lenskart BlogVault NuCash Climate Connect Giant Eagle Tekion NxtWave AiSensy Almabase Pinscale Cloud 10 Pop Club Razorpay Swiggy Jupiter Money LinkedIn ePublishing Lenskart BlogVault NuCash Climate Connect Giant Eagle Tekion NxtWave AiSensy Almabase Pinscale Cloud 10 Pop Club Razorpay

EOR vs Indian entity. The math.

Enter your India headcount and average salary. We'll compare the all-in annual cost of staying on Versatile EOR versus setting up your own Indian Pvt Ltd subsidiary. The breakeven is real and shows up around 25-30 hires.

Versatile EOR · 12 months

$23,880
All-in annual overhead
Setup fee$0
EOR PEPM × 10 × 12$23,880
First month free credit−$1,990
Group health + life coverIncluded
Devices procurementPass-through
Recruitment (optional)$0-$11,990

Your own Indian Pvt Ltd · 12 months

$66,500
Year-1 all-in overhead
Incorporation + registrations$10,000
India CA (monthly retainer)$3,600
Company Secretary$2,400
Office address + GST$1,800
Payroll software$2,400
Group health + life broker$1,500
Annual audit + tax filing$3,500
India CFO/Controller (part-time)$0
Recruitment (~20% of hires)$5,000
Devices procurement$12,000
Verdict
EOR is cheaper by$42,620/year

At 10 hires, EOR is structurally cheaper. The breakeven appears around 25-30 hires.

Tell me about your India team → or read the full EOR vs entity guide →

How the math works

The EOR side is mostly variable cost (per-employee fee). The entity side is mostly fixed cost (overhead amortizes across all hires). At low headcount, EOR wins because there's no fixed overhead to amortize. At high headcount, entity wins because the per-employee marginal cost is just statutory + salary, and statutory contributions hit the employee's gross-to-net regardless of structure.

  • EOR fee scaling: $199 PEPM at the floor for 1-15 hires; $165 PEPM mid-tier for 15-30 hires; ~$139 PEPM for 30+ hires (volume discount).
  • India CFO trigger: Part-time India CFO/Controller becomes necessary around 15-20 hires for your own entity (factored in for headcount > 15).
  • Recruitment assumption: ~20% of headcount needs to be replaced or net-added per year; $5K agency fee per hire.
  • Devices: ~40% of headcount needs new devices per year; $1,200 per device.

One vendor for the whole India operation.

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.

Legal employment

Offer letter, PF UAN, ESIC IP all under Foo Falcon's PAN. Your hire is on our books, not a partner's.

Recruitment

Sourcing, screening, interviews. $99/position, $1,199/mo dedicated recruiter, or contingent on placement.

Employee insurance

Group health (₹5L floater, family), accident, term life. Day-1 coverage, no waiting period, no separate vendor.

Devices & equipment

Laptop, monitor, peripherals. Locally procured, delivered before Day 1. Pass-through cost, no markup.

Onboarding

Welcome call, document collection, policy walkthrough, first-paycheck schedule. Five-day SLA. Three-day fastest.

Payroll & statutory

Monthly run, PF + ESIC + PT + TDS, Form 16, gratuity. Eight statutory items on every payslip.

Compliance & audits

EPFO + ESIC inspections, Section 7A inquiries, audit-ready records. Inspectors come to us, not you.

Offboarding

Notice, F&F, gratuity, asset recovery, experience letter, UAN continuity. Clean exit, every time.

What we hold ourselves to.

Four operational benchmarks, refreshed monthly. These are not aspirations. They are the floor.

100% On-time payroll, every cycle, every employee
Zero Notices issued by any statutory authority since founding
<4hr Reply time from your named compliance lead, IST business hours
One Consolidated USD invoice per employee per month

Real teams, real numbers.

Three engagements that show how this works in practice. Different ICPs, different scales, same EOR mechanics.

ePublishing.

Migrated mid-cycle. Zero disruption.

How ePublishing switched EOR providers inside one payroll cycle. UAN continuity, gratuity vesting kept intact, engineers never noticed the swap.

Read the full case →
LinkedIn.

India design hires. Zero audit surprises.

LINKEDIN · DESIGN GCC · AUG 2025

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 →
Swiggy.

Scaled past thirty hires. One USD invoice.

SWIGGY · FOOD-TECH · MAR 2024

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 →

Built by India payroll specialists.

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.

3.8 yrs Incorporated 28 Jun 2022 · RoC-Bangalore · Active status
14 US and UK clients on the entity · April 2026
47 Employees drawing salary from us this month
100% Client retention · 36 months · zero churn

The team you are actually emailing.

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.

Sagar Chainani

Founder & CEO · Bengaluru

Ex-[prior employer]. Director of the entity since incorporation. DIN 09654072. On every client Slack channel.

LinkedIn -> [email protected]

Riya Khanna

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.

Vikram Sethi

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.

Verify the entity. Three clicks each.

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.

Live government registers
Ministry of Corporate Affairs CIN U72900KA2022
PTC163007 Look up on MCA GST Portal · Karnataka 29 GSTIN 29AAFCF1167M
1Z9 Verify on GST portal ESIC · Karnataka SRO ESI Code 5000064314
0000911 Look up on ESIC Ministry of MSME · Govt of India Udyam Registration UDYAM-KR-
03-0383545 Verify on Udyam Income Tax Department TAN BLRF07330B Verify TAN Income Tax Department PAN AAFCF1167M Verify PAN Registered office · Bengaluru Office address No. 7, Sridevi Complex
NAT Street · Basavanagudi Open in Maps EPFO Establishment PF code KN/BNG/
[swap before live] Look up on EPFO Founder · DIN 09654072 Sagar Chainani CEO & Founder
on every Slack View on LinkedIn Professional Indemnity Insurance certificate Available on
request · NDA optional Email for COI
Source documents on file
MCA · 28 Jun 2022

Certificate of Incorporation

View PDF GSTN · 5 Feb 2024

GST Registration Certificate

View PDF ESIC · 28 Jun 2022

ESI Registration Certificate

View PDF MSME · 7 Apr 2024

Udyam Registration Certificate

View PDF MCA · 13 Mar 2024

MCA Master Data

View PDF

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.

Featured clients on our payroll. In their own words.

1/4 · Showing

"Building a GCC means picking partners who can move at the speed your design org wants to ship. They built our India GCC quietly and properly. No surprise fees. Onboarding SLAs they actually hit."

GE
Design Hiring Manager
Giant Eagle · Global Capability Center

"Switching EOR is supposed to be the worst quarter of the year. Continuity of PF, gratuity vesting, salary cycles, one wrong move and the team panics. Migration finished inside one payroll cycle. Zero disruption. The team did not even notice the swap."

EP
Technical Lead
ePublishing · Migrated Jun 2025

"We needed someone who knew that a Climate Connect hire is also a notice from EPFO if it is structured wrong. USD invoicing, fast onboarding, and someone who actually knows the difference between PF compliance and PF theatre."

MM
Michael Montmoril
Climate Connect Digital · India Lead

"Our India design GCC was supposed to take a quarter to spin up. Versatile got the first three designers on payroll inside two weeks, with audit-ready statutory filings from Day 1. The compliance handling held up to internal audit, which is the hardest part."

LI
Design Hiring Manager
LinkedIn · India Design GCC · Aug 2025

Same India operation. Different angle.

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A short letter. Founder to founder.

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.

- The Versatile team
VIndia · 2024
To:
You, the next founder
hiring engineer number one
in India.
Email the team →

Questions we hear most.

What's the real breakeven point?

~25-30 India hires. The calculator above is parameterized to show the math at any headcount. Below 25, EOR is structurally cheaper. Above 30, your own entity becomes cheaper · but you take on director liability, statutory inspections, and operational overhead.

Director time. Founder time. Bank-account-opening lead times. Annual board governance overhead. Risk premium for personal liability of directors. These are real costs that don't show up in a $/year calculation. Most founders underestimate these when first considering entity setup.

Yes. Common at scale. Keep variable-headcount roles (GTM ramp hires, contractors, short-term projects) on EOR while moving the engineering / product core to your own subsidiary. We support both arrangements under one master agreement.

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.

Hire your first one → or book a 30-min compliance call
$99-$399 · per employee · per month 5 day onboarding SLA 0 setup or exit fees 1st month free 59 companies served