We plan to bring eChai across 100 cities in India. It starts with eChai Startup Demo Day on 26 September, all in person. 13 cities confirmed, 701 founders registered. Any city that reaches 20 interested founders is on too. See your city
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Valuation, SAFEs & term sheets

Understand the paper before you sign it.

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How do SAFEs and term sheets differ in India versus the US? India can't use the plain US SAFE directly because of company-law constraints, so founders use the iSAFE (structured as compulsorily convertible pr... Advanced 3 resources → Can I even use a SAFE in India, or do I have to do a CCPS or convertible note? A US-style SAFE has no clean legal home under Indian company law, so most Indian-incorporated startups raise early money through Compulsorily Conve... Intermediate 3 resources → How big should my ESOP pool be, and why does the term sheet always want it carved out pre-money? Investors almost always ask you to create or top up an ESOP pool (often 10 to 15 percent) before the money goes in, which is the option pool shuffl... Advanced 2 resources →
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