Business

When embarking on the journey of entrepreneurship, conducting due diligence is necessary. Whether you're an investor looking to fund a promising startup or an entrepreneur seeking to partner with others it's necessary to conduct startup due diligence as well as scrutinising the fundamentals of a business is crucial for making informed decisions. In the world of startups, where risks run high and rewards are uncertain, identifying potential pitfalls early on can save you from future headaches. In this blog, we'll explore the top five red flags to watch out for during startup due diligence. 1. Inconsistent Financials: One of the…

In the dynamic landscape of legal and organizational structures in India, entities such as Trusts, Section-8 Companies, and Societies serve distinct purposes, each governed by its own set of rules and regulations. It is crucial to understand the nuances of these entities to make informed decisions. In this blog, let's know the differences between Trusts, Section-8 Companies, and Societies, shedding light on their unique characteristics and the specific scenarios in which they are most suitable. Trusts: A trust is a legal entity created by the settlor, who transfers property to trustees for the benefit of beneficiaries. Trusts are primarily governed…

At different stages of startup lifecycle, namely - startup and early-stage development, growth and expansion, and maturity, the requirement for funds inevitably comes up. As the meeting of such requirements comes to the mind, entrepreneurs tend to consider different sources of funding for startups. In this blog, we will be looking into such sources for raising funds from. Seed Capital And Early Stage Funding Stage: Seed funding when the business is pre-revenue and it may still be developing an MVP. This funding is used by the startup to: cover the initial costs of starting, to invest on the R&D and…

The Annual return on foreign liabilities and assets (FLA) needs to be submitted by all the entities which have received FDI or made an investment overseas in current and previous year(s). 1. What Is Foreign Liabilities and Assets Annual Return? FLA annual return is one of the compliances that have to be met by the companies/LLP’s that are involved with FDI (Foreign Direct Investments) or companies who invest in foreign countries either via joint venture or wholly-owned subsidiaries, also termed as Overseas Direct Investment (ODI). FLA Annual Return must be directly submitted by the entities to Reserve Bank of India.…