Treelife Resources

Indian founders are setting up foreign subsidiaries at a rate not seen before. EY India estimates that outbound ODI flows crossed USD 17.5 billion in FY 2021-22, and the trend has only accelerated through FY 2025-26 as US VCs, SaaS enterprise buyers, and Southeast Asian distributors increasingly ask for a…

When an investor sends you a term sheet saying they want CCPS, most founders nod along. The instrument sounds technical, the lawyer approves it, and the round closes. The problems surface two years later, at the next fundraise, at a secondary transaction, or the moment dividends go unpaid for 24…

Venture Debt vs Equity Funding is one of the most consequential capital decisions an Indian startup founder will make. Indian startups raised $1.3 billion in venture debt in 2025, more than four times the $300 million deployed in 2018, and that figure is rising even as overall equity deal volumes…

When an Indian startup sets up a wholly owned subsidiary in Singapore, incorporates a Delaware holding company, or invests in a foreign entity as part of a global expansion, it has made an Overseas Direct Investment (ODI) under the Foreign Exchange Management Act (FEMA), 1999. The moment the first outbound…

The flip structure is one of the most consequential decisions an Indian founder can make before a funding round, and one of the least understood. When a US-based investor asks you to flip, they are not just asking you to incorporate a Delaware entity. They are asking you to permanently…

Indian founders are setting up foreign subsidiaries at a rate not seen before. EY India estimates that outbound ODI flows crossed USD 17.5 billion in FY 2021-22, and the trend has only accelerated through FY 2025-26 as US VCs, SaaS enterprise buyers, and Southeast Asian distributors increasingly ask for a…

When an investor sends you a term sheet saying they want CCPS, most founders nod along. The instrument sounds technical, the lawyer approves it, and the round closes. The problems surface two years later, at the next fundraise, at a secondary transaction, or the moment dividends go unpaid for 24…

When an Indian startup sets up a wholly owned subsidiary in Singapore, incorporates a Delaware holding company, or invests in a foreign entity as part of a global expansion, it has made an Overseas Direct Investment (ODI) under the Foreign Exchange Management Act (FEMA), 1999. The moment the first outbound…

The flip structure is one of the most consequential decisions an Indian founder can make before a funding round, and one of the least understood. When a US-based investor asks you to flip, they are not just asking you to incorporate a Delaware entity. They are asking you to permanently…

When a funding round closes in India, three documents sit at the centre of it: the Share Subscription Agreement (SSA), the Share Purchase Agreement (SPA), and the Shareholders’ Agreement (SHA). Each one does a different job, each one carries a different set of risks, and in almost every round, at…

SEBI issued its updated Master Circular for Alternative Investment Funds (AIFs) on 03 June 2026, consolidating every circular, clarification, and regulatory change issued under the SEBI (Alternative Investment Funds) Regulations, 2012 up to 31 May 2026. The document runs 153 pages across 25 chapters and supersedes the previous Master Circular…

The Reserve Bank of India held its benchmark repo rate steady at 5.25% at the June 2026 Monetary Policy Committee meeting, unanimously, under Governor Sanjay Malhotra. This is the third meeting in a row that the rate has stayed put, following a run of 150 basis point cuts between February…

India’s Cabinet approved an amendment to Press Note 3 (PN3) of 2020 in March 2026, and it is generating significant attention across the investment and startup community. Headlines have rushed to label it a sweeping FDI liberalisation. The reality is considerably more targeted. This report breaks down exactly what changed,…

The Securities and Exchange Board of India (SEBI) recently announced a major overhaul to the regulatory framework for Angel Funds under the Alternative Investment Funds (AIF) Regulations, 2012. This new framework, introduced in 2025, aims to enhance transparency, improve operational clarity, and encourage investor participation. In this article, we’ll explore…

In a significant move to invigorate India’s startup ecosystem, the Securities and Exchange Board of India (SEBI), during its board meeting on June 19, 2025, approved substantial changes to the Angel Fund Framework. These revisions are designed to unlock more capital for early-stage companies while simultaneously ensuring enhanced investor suitability…