Skill

legalcode-venture-financing-in

India venture financing skill covering the full lifecycle from pre-seed to IPO exit. Deep analysis of India-specific instruments and regulatory frameworks: iSAFE (structured as CCPS under Companies Act 2013), Compulsorily Convertible Preference Shares (CCPS), Compulsorily Convertible Debentures (CCD), and priced equity rounds. Covers FEMA/NDI Rules 2019 pricing and reporting (Form FC-GPR, Form FC-TRS), SEBI Alternative Investment Fund (AIF) Category I angel fund regulations (including September 2025 restructuring), angel tax abolition (Finance Act 2024, effective FY 2025-26), Section 80-IAC startup tax holiday (3-year profit exemption), DPIIT recognition requirements and benefits, RBI External Commercial Borrowing (ECB) automatic route for startups, and SEBI ICDR IPO eligibility. Covers standard India term sheet terms: 1x non-participating liquidation preference, broad-based weighted average (BWAA) anti-dilution, ROFR/ROFO/co-sale/drag-along mechanics, founder vesting norms, ESOP pool sizing, board composition, and exit waterfall analysis. Use when a founder, investor, counsel, or finance professional needs to: structure a venture financing round under Indian law; analyze iSAFE vs. CCPS vs. CCD instrument selection; review FEMA compliance for foreign investor participation; assess DPIIT recognition strategy; evaluate Section 80-IAC or SEBI AIF eligibility; analyze a term sheet for an Indian startup; plan an IPO, secondary transaction, or reverse flip exit; or draft FC-GPR/FC-TRS filing strategy. Also triggers on: India SAFE note, iSAFE 100X.VC, CCPS conversion mechanics, FEMA FDI pricing, NDI Rules Rule 21, Form FC-GPR 30-day deadline, FIRMS portal, angel tax abolished, Section 56(2)(viib) repeal, 80-IAC IMSC committee, DPIIT startup recognition, SEBI AIF Category I, angel fund corpus, RBI ECB automatic route startups, SEBI ICDR eligibility, IPO lock-up India, reverse flip fast-track.