There are no exemptions on luxury cars. You just get standard depreciation benefit on the balance sheet with it. And if you later sell it you have to pay the tax if you make a profit. 
 It will also sit on your balance sheet for years, you can't magically get rid of it.

Founder

Consultant

Fair deal. I'm in.

Software Engineer

Fair deal. I'm in.- Grapevine

Welcome to Indian Startups's Private Community

Massive deal

Product Manager

Welcome to Product Managers's Private Community

I have been offered SPM role , 46 LPA . Should I join?

Should I join Paytm Product team?

In a landmark deal, Silicon Valley powerhouse General Catalyst has acquired Venture Highway, a seed-stage investment firm with a track record of backing winners like Meesho and Mobile Premier League.

The Deal:
- Rare instance of consolidation in the Indian VC market
- VH to be rebranded as General Catalyst India
- GC plans to invest $500 million to $1 billion in India over the next three years
- Acquisition driven by desire to build strong local team and tap into local LP network

But the move also raises important questions. Will this trigger a wave of consolidation in the Indian VC market? Will other global firms follow suit and snap up local players to gain a foothold in the country? And how will this influx of foreign capital shape the trajectory of India's startup ecosystem?

As the dust settles on this landmark deal, one thing is clear: India's startup scene is entering a new era, one where local innovation and global capital are increasingly intertwined.  Always long on India 🇮🇳

Image Credits: The Arc

General Catalyst's Venture Highway Acquisition: A Strategic Play for India 🇮🇳

Journalist

Hi, I'm looking for info on compensation for the founder's office / CEO's office roles in the market currently.

I'm interviewing for company and the comp conversation will begin soon. The role will entail bizops, reporting, strategic research, new initiatives and fundraising.

I have >1 year of quality experience in a startup + a good undergrad biz education and proof of work.

Founder's Office Salary at a Series B Tech Startup

Analyst

If you are an over performer and doing great work at your company, I request you to also start working for yourself. You have no idea how much you can make just working directly for clients.

For all the rockstars at work

Welcome to Software Engineers's Private Community

Hi guys,
As you have already read, I am planning to start a roadmap in 2024, YES !

I am not one of those Didi Bhaiya’s doing it for Fame/money. The twist is I am planning to do it anonymously on grapevine and will try to solve as many doubts as i can on DM’s ( Again Anonymously)

I have the roadmap that is completely free, videos, lectures, notes and everything is collected from amazing creators and is already free and i will never recommend any paid course, I PROMISE.

If i get 30+ comments, then i am happy to start the Day 1 to Day 24 ( 6 hours each) detailed roadmap.

Also, since all of us here are working Mon-friday. 
The roadmap is for 12 weekend (24 days) and IMO that is enough to into Faang game preparation. If you need more you can practice for another 2-3 months on yourself.

Thanks !

How to get Into FAANGMULA roadmap

Current: 24 LPA + esops

Offer: 34~36 LPA + 10% Bonus (3.4 ~ 3.6 LPA)+ $40k RSUs

Should i negotiate more or is this good enough? 

Thanks!

Good offer? Need opinions, thanks!

I have full stack development experience and I still code. I work with a product company on healthcare domain.

I want to build something solo as a side hustle. And with the tech knowledge I have acquired, I am 100% confident I can build it. I’ve already gathered some mobile app/platform ideas and have been working on a few of them. Doing some research as well.

The thing I lack is a strategy and direction to reach prospective users. I have no idea about how startups operate. I have never been into freelancing either. I know nothing about regulations and law. I have only a limited knowledge about investment.

My short term plan is to finish building some MVP features of the apps and publish them to Playstore/AppStore. (I’m sorry, I do not wish to reveal the ideas now)

How to reach users 0-1, 1-10 and 10-100?
How should I plan financially?

Isn’t it possible to go solo? I have someone in the US who has agreed to help me in coding. But he has only 2 years of experience. One advantage is he can give me US insights. I don’t want to induct more members as no one is ready for commitment. Or people just back out even after committing to it.

Btw, I am not active on social media. My network in the internet world with people isn’t great.

I’m seeking advice from you guys on areas that I need to consider to make my app/platform grow. All this, is going to be side hustle.

18+ yoe, software architect, seeking advice on side hustle

Software Architect

Agree?

Welcome to Ask Grapeviners's Private Community

Hey everyone! 🌱

Would anyone be interested in a daily or weekly poem post? It could be something short, thought provoking, or light hearted just a little creative moment to enjoy each day or week.

I'm happy to take suggestions or even write based on themes you might have in mind!

If this sounds like something you'd enjoy, let me know, and we can make it a regular thing. 😊✍️

Daily Dose of Poetry: Interested?

Human Resources

Welcome to Business Roles's Private Community

Got a offer from a BNPL product based startup which is fairly known in india. 

Offer is as expected. Though while going over the offer I realised that I am employed by their "wholly owned subsidiary" which was setup in June 2023. That startup has been in business for years now.

I am not sure but this seems like red flag. By hire through a subsidiary?

Any suggestions on how to proceed further?

Got a offer - but a red flag?

I am a PM at a startup which is bootstrapped, no external funding but we make close to 300k USD revenue and we are a small team of 25 people. I  have a mixed background as a developer earlier and now PM experience of 3 years, is my ctc of 27 LPA INR a fair package ?

Fair pay?

I have an idea for a startup but i need a co-founder as I don't know many people who are ready to start a business l, anyone interested in starting a clothing line we could discuss?

Startup

Hard agree!

I am currently working in a startup which pays 38lpa base and no stocks, no EPF. Plus point is complete work from home. So i accepted it. 
But then I am thinking if I was low balled, as I have 6 years experience including 2 other MAANG level companies i worked with (not exactly MAANG but nearby)
My previous compensation was 28 base and stocks of 7 lakh per year.
I didn't had any competing offer so accepted it.
I am planning to study DSA and system design to start applying again in one year.
Let me know your opinion.

Offer analysis

I've resigned and our co-founder gave me an offer, where I'll be officially released but I have to work after office hours & will get paid accordingly (for temporary period) 
I'm sorta inclined towards the offer, I'll get some extra money + the work load isn't much, I can do it along with my day job. 


Now what are the factors I should take care of while finalizing this decision? How to make sure my bgc remains clean or something?

How the payment will happen? Ofc they will propose me something, but I wanna be prepared from my side as well. 

Thanks for reading, and I appreciate any input, about anything I've written or about moonlighting in general. 


PS: I'm also okay declining the offer, except the fact the company will suffer, which I don't want to (as we are very small team), and I genuinely want it to be successful.

How to moonlight?

Software Developer

I'm in interview process of Pay2dc india. Wanted to know how is the wlb. Is it really like startup where you have to work long hours?

Heard that Japanese companies have no work life balance.
Not able to find relavant information on the internet as they have recently opened their development center in india.

TC: 28 lpa
Yoe - 3 yoe

Pay2dc gurgaon wlb

Such a dull Saturday!
Please share something interesting

Fair deal. I'm in.

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