Key Takeaways Pre-money valuation is what your company is worth before the new money goes in. Post-money is pre-money plus the new investment. Post-money is the number that decides how much of your company you…
Key Takeaways If you hold equity in a foreign entity as overseas direct investment, an Annual Performance Report is due for each foreign entity every year by 31 December. It is not tied to your…
Key Takeaways SME IPO readiness is a financial hygiene problem, not a paperwork problem. Eligibility gets you in the door. Your last three years of books decide whether anyone is willing to walk you through…
Key Takeaways A US subsidiary for an Indian startup is a business decision, not a growth milestone. Open one when a customer, an investor or a hire makes it necessary, not because it signals ambition.…
Key Takeaways In India, ESOPs are taxed at two separate moments, not one: when you exercise the options, and later when you sell the shares. At exercise, the difference between the fair market value of…
The valuation on the front page of a startup term sheet is the number founders celebrate. The clauses on the pages behind it are what actually decide how much you walk away with. This guide…
Every founder thinks the raise starts with the pitch. It does not. It starts the moment an investor's analyst opens your data room and begins ticking boxes. That is where a term sheet quietly speeds…
Co-founder vesting is the single cheapest insurance policy a startup can buy, and the one founders skip most often. Two people split the equity 50-50 on day one, shake hands, and start building. Eighteen months…
Key Takeaways Gross burn is the total cash you spend each month. Net burn is gross burn minus the cash you collect. Runway is built on net burn, not gross. Runway = current free cash…
Note: All section references in this article are to the Income-tax Act 2025 (effective April 1, 2026), which has re-enacted the corresponding provisions of the Income-tax Act 1961 without substantive change to the transfer pricing…
