Tag Archives: finance

MasterCard acquires Pune-based Electra Card Services

Credit Card company Mastercard has acquires Pune-based Electra Card Services, (owned by Pune’s Opus Software Solutions), reports the Times of India.


ECS […] provides software products and processing services for electronic payments. Its customer base includes financial institutions, retailers and telcos in over 25 countries. ECS’ suite of products enables customers to issue and manage all types of payment cards and electronically process card transactions across multiple channels such as ATM, point of sales, internet and mobile.

More information:

Everything you wanted to know about shares and equity in your Startup – POCC meeting – 8th Aug

Pune OpenCoffee Club - POCC Logo
Click on the logo to find all punetech articles about the POCC

What: Pune OpenCoffee Club meeting focused around equity and related financial issues for startups, by Jayesh Baheti, CA, and other experts in company finance
When: Saturday, August 8th, 4pm-7pm
Where: Symbiosis Institute of Computer Studies and Research, Atur Centre, Model Colony. Map.
Registration and Fees: This event is free for all to attend. Register here.


How should startup co-founders divide up equity amongst themselves? How much equity to give advisors, mentors, and key initial employees? What are the rules governing equity that will affect me? What are the important issues in equity management that are typically ignored by young startups? Can a small startup give stock options to employees, and what are the gotchas in doing this?

If you’ve had any of these questions, then this meeting is for you. And if you are a startup founder and you are not facing any of these questions, then you are in deeper trouble than you thought! You definitely need to attend.

If you have similar/related questions, you can ask them on the POCC mailing list, and Jayesh will try to cover those points too in his presentation.

Jahesh Baheti’s previous POCC talk “What should I create: sole proprietorship, partnership, Pvt. Ltd., or LLP” has been one of the most attended events of POCC.  Slides of Jayesh’s talk are up on slideshare.

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