Startup Fundraising Services in India — Valuation, Documentation & Compliance for Every Round
Raising startup funding in India means navigating valuation requirements, shareholder agreements, FEMA compliance, MCA filings, and cap table management before a single rupee reaches your account. Getting any one of these wrong can delay your round or cost you lakhs in penalties.
Advisorate is a CA and CS firm that has helped 50+ startups across India get fully investor-ready. We work remotely with founders across Delhi, Mumbai, Hyderabad, Pune, Chennai, Bangalore, and other cities — all services delivered digitally, end-to-end.
Startups Advised
Funding Rounds Supported
Working Days to Investor-Ready
Why Startup Fundraising in India Is More Complicated Than Founders Expect
Most founders assume raising funding is primarily about pitching. In practice, investors and regulators also look closely at documentation, compliance, governance, and financial defensibility.
If any investor is an NRI or foreign national, the transaction is governed by FEMA and RBI reporting requirements.
Your SHA and SSA define your rights as a founder for the entire life of the company.
A single founder-unfriendly clause can affect control, exits, and every future round.
Your pitch deck, valuation report, cap table, and financial model must tell the same story.
Investor due diligence becomes faster when MCA, tax, legal, and financial records are already organised.
Our Startup Fundraising Services
Startup Valuation Services
A startup valuation report supports angel, seed, and Series A rounds in India. Every report includes CA certification, methodology justification, financial analysis, comparable benchmarking, and sensitivity analysis.
- Pre-revenue startups — Berkus Method and Scorecard Method.
- Early revenue startups — DCF combined with revenue multiples.
- Growth and Series A startups — DCF, Comparable Company Analysis, and VC Method.
- Foreign investment — FEMA-mandated DCF methodology.
Pitch Deck Preparation — Built for Indian Investors
Every pitch deck is internally consistent: projections match the valuation report, market claims are backed by data, and the funding ask is anchored to clear use of funds.
Financial Modelling and Projections
We build 3 to 5 year bottoms-up financial models covering revenue forecasting by channel, CAC, LTV, payback period, gross margin, burn rate, runway, and sensitivity scenarios.
SHA and SSA Drafting
The SSA governs the transaction while the SHA governs the ongoing founder-investor relationship. Our CS professionals draft founder-protective documents and explain key clauses before signing.
Cap Table Management
We build and maintain cap tables covering current and fully diluted ownership, pre and post-money dilution, ESOP impact, convertible note conversion, and future round modelling.
ESOP Structuring and Management
We help founders design legally compliant ESOP policies, set strike prices using CA-certified valuation, structure vesting schedules, and manage ongoing ESOP compliance.
Financial and Legal Due Diligence Support
We reconcile financial records, prepare MIS reports, organise MCA filings, corporate records, founder agreements, IP ownership, employment contracts, and statutory compliance history.
FEMA Compliance for Foreign Investment
For NRI, foreign national, or foreign VC investors, we handle DCF valuation, FDI checks, FIRC coordination, FC-GPR filing, and ongoing FC-TRS support.
- Pre-investment DCF valuation for FEMA compliance.
- Sectoral FDI limit check and approval route confirmation.
- FIRC coordination with the authorised dealer bank.
- FC-GPR filing with RBI after share allotment.
Term Sheet Preparation and Review
We help founders understand liquidation preference, anti-dilution, founder vesting, board seats, information rights, and pro-rata rights before signing. Term sheet reviews are turned around within 24 to 48 hours.
Complete Fundraising Document Checklist for Indian Startups
A complete data room helps founders answer investor questions quickly and keeps round closure moving.
Financial documents: valuation report, 3 to 5 year financial model, last 2 years audited financials or MIS reports, unit economics analysis, burn rate, and runway calculation.
Legal and investment documents: term sheet, Shareholder Agreement (SHA), Share Subscription Agreement (SSA), current and post-money cap table, ESOP scheme, and existing convertible notes or side letters.
Statutory and compliance documents: Certificate of Incorporation, MoA, AoA, MCA/ROC filings, DPIIT Startup India certificate, GST registration, and IP ownership documentation.
Foreign investment documents: FIRC, FC-GPR confirmation, FEMA valuation report, and RBI reporting records.
Who We Work With
We support founders across India through fully digital delivery.
Pre-revenue startups raising their first angel cheque from Rs. 10 lakhs to Rs. 2 crores.
Early-traction startups preparing for seed rounds from Rs. 50 lakhs to Rs. 5 crores.
Revenue-stage startups targeting institutional seed or pre-Series A from Rs. 2 crores to Rs. 15 crores.
Growth-stage startups approaching Series A rounds of Rs. 15 crores and above.
Startups with foreign investors, including NRI angels, diaspora family offices, and foreign VC funds.
First-time founders who need end-to-end fundraising guidance.
Why Startups Across India Choose Advisorate
Fundraising specialisation — this is a dedicated practice, not a side offering of a general CA firm.
Compliance-first — every document is aligned with Income Tax, FEMA, and MCA requirements.
Speed — we work to your funding timeline, not the other way around.
Transparent pricing — modular services with no hidden fees.
First-time founder friendly — we explain everything in plain language and guide each decision.
The Advisorate Process — Investor-Ready in 10 Working Days
Free Consultation (Day 1)
A 30-minute call to understand your stage, funding target, current documentation status, timeline, and cost estimate.
Readiness Assessment (Days 1-2)
We audit financial records, cap table, legal documents, statutory filings, and investor documentation gaps.
Document Preparation (Days 3-8)
Valuation report, financial model, pitch deck, SHA, SSA, and cap table are prepared in parallel.
Review and Finalisation (Days 9-10)
We walk through every deliverable, explain clauses and assumptions, and finalise all documents to investor-ready standard.
Frequently Asked Questions
What is the difference between SHA and SSA?
The SSA governs the transaction — shares issued, price, payment timeline, and closing conditions. The SHA governs the ongoing relationship — board composition, anti-dilution, drag-along rights, information rights, and exit provisions.
What is FEMA compliance for startups raising from NRIs or foreign VCs?
FEMA compliance applies whenever an Indian startup receives investment from a non-resident. Core requirements include pre-investment DCF valuation, receipt through authorised banking channels, share allotment within the required timeline, and RBI reporting after allotment.
How long does it take to get investor-ready?
With all required information in place, investor-readiness generally takes 7 to 10 working days. Express valuation delivery is available in 3 working days for time-sensitive rounds.
Does Advisorate work with startups outside Bangalore?
Yes. All services are delivered digitally. We advise founders across Bangalore, Delhi, Mumbai, Hyderabad, Pune, Chennai, Ahmedabad, Kolkata, and beyond.
Ready to Raise? Start With a Free Consultation.
Book a free 30-minute call. We will assess your current state, tell you exactly what needs to be done, and give you a timeline and cost estimate — no commitment required.