The process of fundraising does not just include wooing the investors with your business plan! It also involves giving your investors' lawyers the comfort that you have kept your legal and compliance affairs in order. A lot of times the process of due diligence is the reason for the delay in the investment process. So, if you want to ensure you have money in the bank at the earliest, then this workshop is for you. We will be discussing: -
What does a legal and compliance due diligence entail?
What steps you can take to proactively ensure this process is seamless.
We will also be delving on some of the common doubts that most startups have:
1. What kind of entity do you need for fundraising? Company Vs. LLP Vs. Sole Proprietorship
2. Should you sign an NDA with the investor before sharing your idea?
3. Do investors require you to have a co-founders' agreement?
4. Do you need an ESOP pool in advance?
5. Should you be doing anything about all those loans that you have given to your startup before the fundraise?
Convert into the equity? Can you return it?
Anisha Patnaik is the Co-founder of LexStart, a web-based platform that provides legal and compliance services to startups, investors, and incubators/accelerators. She is a lawyer with over 15 years of experience with special emphasis on transactions in the early-stage space. Anisha regularly advises startups, incubators, and investors on legal issues ranging from starting up to operating a business in India, negotiating fundraising transactions, commercial contracts, and ESOP structuring and implementation.