Venture Capital & Startup Advisory

Work here splits between the fund and the company it backs. On the fund side, we assist with Category I and II Alternative Investment Fund registration under the SEBI (Alternative Investment Funds) Regulations, 2012. That work covers the trust structure, the investment manager, and the compliance cycle that follows. The cycle means quarterly reporting to SEBI, valuation of unlisted holdings, and income allocation to unitholders under Section 115UB. On the company side, we handle round mechanics. That means the cap table before and after the round, with the subscription and shareholders' agreements read for tax consequences. It also means the valuation report supporting the issue price under Section 56(2)(viib) and Rule 11UA. Filings follow: PAS-3 for allotment, MGT-14 where a board resolution requires it, and FC-GPR where the investor is non-resident. ESOP work covers pool sizing, grant and vesting documentation, and the perquisite computation on exercise. For eligible start-ups, we apply the deferred payment position under Section 192(1C). We also prepare companies for diligence, which usually surfaces the same gaps: unsigned resolutions, unfiled forms, and a cap table nobody has reconciled.