Term Sheet- Basics
A solid term sheet aligns the interests of the investors and founders whereas a loosely worded one could create confusion and pit them against each other. Term sheets are significant & can be complex, but they don’t necessarily have to be. Read on to know more about the basics of a good term sheet.
Impact of PMLA Amendments on Virtual Digital Asset Transactions
The Ministry of Finance has notified an amendment in Prevention of Money-Laundering Act, 2002 (“Act”) by way of Notification No. S.O. 1072(E) dated 07.03.2023 (“Notification”). The Act has been amended to include cryptocurrency or virtual digital assets (“VDA”) transactions within its scope.
Why do angel investors and VC funds ask for preference shares in a funding round?
In this brief blog lets study the prime reasons why the investors ask the companies to issue preference shares during their funding rounds. In order to understand the reasons why investors seek preference shares let us study what preference shares mean, what are the features and their types.
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