top of page

Investment Transactions
Discover insights and updates on investment transactions including mergers, acquisitions, private equity, and venture capital.


Liquidation Preference: A Simple Guide for First-Time Indian Founders
When you are raising funds for your startup in India, you will likely hear the term "liquidation preference". This article will explain what liquidation preferences are, and why it matters to a first-time Indian founder.
Nov 194 min read


Understanding Debentures in India: A Practical Guide for First-Time Founders
What are the three main types of debentures in India? Debentures function as borrowings with pre-agreed repayment terms. They often carry interest obligations and a maturity period. For startups, they provide a way to access capital without instant dilution of ownership. Whether or not dilution happens later depends on the variety of debenture you choose.
Nov 122 min read


Early Stage Fundraising Instruments Used by Investors in India (2025)
This article was written by Varshinee AS, Associate, and Karthik Jayakumar, Partner. What are the typical instruments that investors use...
Sep 25 min read


Binding versus Non-Binding Clauses in a Term Sheet: What Founders Should Know
Discover the crucial differences between binding clauses and non-binding clauses in a term sheet. Learn how binding clauses impact founders.
Aug 254 min read


What Does “Pre-Money Valuation” and “Post-Money Valuation” Mean?
This article was written by Aneesh Sudharsan, Associate, and Karthik Jayakumar, Partner. As a first-time Indian founder, you may have...
Aug 184 min read


Understanding Term Sheets – a Note for First-Time Indian Founders
A term sheet is a preliminary document, which elaborates on the proposed terms and conditions, as mutually agreed between parties, that would form a base for the proposed transaction and the more full-blown agreements.
Aug 144 min read
bottom of page