Our Conversation with the Founder of Zuperly

Kapil, an NIT Warangal alumni is a hustler, angel investor and on a mission to empower 100 million lifelong learners with Zuperly! Before Zuperly, he founded various other startups as well

Finance Function

• Since the company is in its early stage, it does not have nor require a full fledged finance function

• Many things are not streamlined, for eg: Company uses founder’s credit card for certain payments and then gets it reimbursed.

• The founder himself makes vendor payments, payroll etc.

Experience with working with Finance Vendors

The CA is not very proactive and does all work at the end of the year.

Specific Questions

1. What are the key concerns you have with the current set-up?→ Fear of missing compliance→ Kapil has to forcefully spend time on FLC, though he does not enjoy it. → No visibility on cash flows

2. How much time you spend on FLC? And what you think would be ideal?→ Spend around 20 hours a month. Ideal would be as minimum as possible.

3. What work has been done in Legal so far?Sample formats for Offer Letter / Legal agreements

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