eLagaan

33 posts
eLagaan helps Startups to scale business with ease. Whether it’s incorporation, setting up best startup practices, managing accounts & compliances, payroll & hr services, handling an investment round or raising funds, eLagaan works like an extended expert team to ensure your startup is compliant, scalable and fundable.
eLagaan Whiteboard Friday

Founders Lock-in [Whiteboard Friday]

When you raise money, the investors want the founders to stay back and run the show. Although you may have agreed for a reverse vesting schedule, but while onboarding investors…
eLagaan Whiteboard Friday

Investment tranches [Whiteboard Friday]

When you raise money, many times the investment may come in tranches instead of single shot. The tranches could be linked to time, milestones or both. The tranches are committed…
eLagaan Whiteboard Friday

Liquidation preferences [Whiteboard Friday]

While raising investment, you will liquidation preferences clause in your SHA. This clause impacts how investors are paid in events of M&A (mergers & acquisition) or during liquidity of the…
eLagaan Whiteboard Friday

Founder’s agreement [Whiteboard Friday]

For founders who are not related to each other (like husband-wife, father-son etc.) it is important to enter into Founders Agreement covering important working relationship between founders and vesting schedules…
eLagaan Whiteboard Friday

Anti Dilution Rights [Whiteboard Friday]

When investors come onboard, they ask for anti dilution rights to protect themselves from any down trend in valuation of the startup in future. Startup should issue additional shares for…
eLagaan Whiteboard Friday

Investor reporting & MIS [Whiteboard Friday]

As investors comes on board post investment, they need regular updates on various aspects of startup followed by review meetings. Sharing accurate MIS on agreed timelines is very important. The…
eLagaan Whiteboard Friday

Mastering term sheet [Whiteboard Friday]

Term sheet is the most important strategic document that a startup gets while raising money. It is more critical than the share holding agreement or share subscription agreement (SHA or…
eLagaan Whiteboard Friday

What is a CAP table? [Whiteboard Friday]

The current capital structure of the startup is called a cap table. It contains details of various stakeholders and their holdings alongwith the type of instrument they hold.It gives a…