Hissa
Overview
Hissa is an equity management platform based in Bengaluru, India, established to streamline and optimize the management of equity holdings and transactions for private companies, founders, employees, and investors. The company was founded in 2019 by Satish Mugulavalli and Srinivas Katta under the parent company Rulezero. Hissa has not raised external funding, but it focuses on providing comprehensive equity solutions and enabling ESOP liquidity in India's startup ecosystem.
Recent Developments
- January 2025: Hissa announced the launch of Hissa Fund I, a $35 million investment vehicle addressing the liquidity challenges in India's ESOP market. This fund is SEBI-registered as a Category II Alternative Investment Fund, designed to facilitate the conversion of vested employee stock options into cash. The fund targets growth-stage startups and assists in aligning liquidity events with business and talent retention strategies. Source
- June 2024: Rulezero, the parent company of Hissa, secured a seed funding round led by Rainmatter Capital amounting to Rs 10 crore, aiming at enhancing its technological capabilities and expanding its market reach within the financial and legal tech sectors. Source
- Development 2023: Hissa continued its focus on automating share issuance processes and cap table management, thereby improving compliance management for private companies in India amidst growing demand for streamlined equity financing solutions. The company made significant strides in expanding its platform capabilities to address market needs.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Bengaluru, India |
| Founders | Satish Mugulavalli, Srinivas Katta |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | None, self-funded by Rulezero |
| Industry | Financial Services, Legal Tech |
| Number of Employees | Approximately 50 |
Early History
Hissa was established as a branch of Rulezero, with a focus on creating a cohesive ecosystem for managing equity in private companies. Rulezero, co-founded by seasoned professionals in the legal and technology domains, aimed to address the challenges faced by startups in managing equity, compliance, and liquidity. In its nascent years, Hissa focused on building a robust platform offering automated solutions for share issuance and equity transactions, and has grown to support a wide array of legal and financial processes for its clients.
Company Profile and Achievements
Hissa has positioned itself as a pivotal player in the Indian startup ecosystem by simplifying complex equity management tasks. Its platform includes features for automating share issuance, managing ESOPs, and ensuring compliance with regulatory standards. Key milestones include:
- Developing a user-friendly interface that allows seamless integration of cap tables.
- Launching the Hissa Fund I to provide much-needed liquidity in the ESOP market.
- Partnering with investors and legal tech firms to enhance its service offerings.
The company is gradually building a marketplace that connects its users with other fintech and legal service providers.
Current Operations and Market Position
Hissa continues to enhance its platform by developing new features aimed at improving the transparency and efficiency of equity transactions. The company’s strategic initiatives include expanding its client base within the Indian market and potentially exploring international markets. Its competitive advantage lies in its comprehensive approach to equity management and its foundational technology that reduces manual errors, thereby saving time and costs for users.
Hissa Company Owner
Rulezero, the parent company of Hissa, is primarily led by its founders, Satish Mugulavalli and Srinivas Katta. Their leadership has been instrumental in steering the company towards innovative solutions in equity management and legal compliance. The ownership structure remains closely held, with no external investors reported as of the latest updates.
Hissa Company Wikipedia
Efforts to consolidate and broadly publish Hissa’s company details are ongoing as it continues to make notable strides in its domain. The Wikipedia presence or detailed public profile may evolve as the company scales its operations and broader media coverage ensues.
Conclusion
Hissa exemplifies innovation within India’s financial and legal technology landscape, offering crucial services that address the intricate needs of equity management for private companies. Its strategic foresight in introducing funds dedicated to enhancing liquidity solutions positions it as a leader in ESOP management. With ongoing development and expansion, Hissa has set a firm foundation for continued growth and industry influence.