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Business News/ Brand Post / NoPaperForms marks three years with ESOP announcement worth over USD 2 million
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BRAND POST

NoPaperForms marks three years with ESOP announcement worth over USD 2 million

Founder and CEO, Naveen Goyal shared his vision for the company in his 3-minute video clip to employees on the eve of the company’s third year of operations.

The team of NoPaperFormsPremium
The team of NoPaperForms

Gurugram, Haryana, India – Business Wire India

In a recent development, Founder and CEO at NoPaperForms, Naveen Goyal announced over $2 million worth of shares under Employee Stock Option Plans (ESOPs) for 19 “zabardast" people. What started as a small firm back in 2017, NoPaperForms has now grown to be the country’s largest and most trusted enrolment automation platform in a span of three years. The company is backed by Infoedge (parent of Naukri.com), who has invested a total of USD 5M (approx.) over seed and Series A funding rounds.

“What helped us reach here is our hard work, our fundamentals. Our commitment to enabling our partners to succeed. We have learned and co-created our products with our partners. SFTC is our pole star, our guiding light. We always Solve for the Customer," said Naveen, reminiscing the company’s journey.

While the industry is facing a challenging time with the impact of COVID-19, NoPaperForms is further strengthening up its bond with all the #zabardast people who make the company what it is today.

“We will add another 100-150 more people to our family in just the next 3-4 months and are going ahead with our hiring and appraisal plans" sharing his vision, Naveen further added,“Despite being the market leaders in our category, we have only touched and transformed a small segment of the large education market. This is just a start, we will diversify vertically, horizontally, and geographically at a blistering phase."

NoPaperForms is the country’s largest Enrolment Automation Platform that is loved and trusted by over 300 institutions across the country and the world. NoPaperForms’ awarding winning product suite and solutions enable and equip admission and marketing teams across institutions to prime their admissions for success in all aspects: conversions, returns, and efficiency. Headquartered in Gurugram, the company has its offices in 6 other cities including Pune, Bengaluru, Chennai, and Ahmedabad.

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Click on the website link to know more: www.nopaperforms.com

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Published: 13 Aug 2020, 07:20 PM IST
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