Why we picked it 100X.VC pioneered the iSAFE, India's answer to the US SAFE, and offers the standardized document plus a plain explanation. Indispensable for any Indian founder raising their first cheques the local way.
iSAFE: The Founder-Friendly Fundraising Instrument for Early-Stage Founders
From 100X.VC by 100X.VC template + explainer
- iSAFE is the India-adapted SAFE, structured as compulsorily convertible preference shares to fit Indian law
- It avoids an immediate valuation and expensive negotiation, using a short standardized document
- Understand the conversion mechanics before issuing iSAFEs to multiple investors