Pre Start-Up
- Understanding requirements, short term (next 6 to 12 months) and midterm (up to next 24-36 months) business planning and setting up company foundation accordingly.
- DIN Numbers & digital signatures
- Company incorporation – Proprietorship, Partnership, LLP, Pvt. Ltd. Company. One person company
- End to end documentation during company incorporation and statutory & compliance requirements post incorporation
- Statutory registrations – PAN, TAN, Service Tax, VAT, PF, ESIC, Shop & Establishment
- First bank account
- Hiring of initial set of employees
Post Start-Up
- Business process planning and implementation on business operations areas such as finance, payroll, HR, taxation, RoC Compliances, etc. to ensure minimum time spend with maximum clarity on overall due-diligence process and getting ready for raising seed/angel round of funds.
- Book keeping and accountancy
- Statutory payments and required return filings
- Payroll – structuring, accounting and processing
- Day to day resolutions of business operations and related queries
- Appointment of statutory auditors and company secretary
- Financial and tax audits co-ordinations with CA/CS.
Pre Funding
- Helping startup promoters understanding the term sheet, related clauses and timelines to get ready for funding round.
- Hand holding during investor side due-diligences
- Investors KYC
- SHA & SSA agreements – making promoters aware of what they are signing up for, understanding various clauses, their responsibility and accountability towards investors over a period of time.
- Satisfying on closure precedencies
- Preparation of pre-money and post-money capital table, start up valuation report and setting up dilution formula based on investment commitments, face value and share premium amount.
- ESOP Pool planning
- Increase in capital structure
- Offer of equity or preferential shares by way of subscription or right issue offer
- Opening of investment bank account
- Call for money
- Allotment of equity or preferential shares
- Issue of share certificates
- Appointment of investor side directors
- Allocating funds to operations account
- Documentations, notices for board meetings, general meetings, board resolutions, appointment / resignations of directors.
- FDI reporting
Post Funding
- Financial planning for unused funds
- Monthly, quarterly and yearly reporting to investors
- Funding raising process for additional Tranches and allotment of shares (many of pre funding processes) based on SHA between investors and promoters
- EXIT or Series A – Smooth exit or continuing the investors during series A round of funding with new investors
- Setting up revised capital table with fresh round of funding as per valuation report
- Execution of documentations, due-diligences, RoC compliances, issue / transfers of shares