Raising Funding? Here is everything you need to know about due diligence on various internal policies of your startup [Whiteboard Friday]

When you are raising investment, the investors will conduct a detailed due diligence on various functions of the startup. A due diligence is very different than a regular audit that your CA undertakes for sake of regulatory filings.

The current episode of eLagaan Whiteboard Friday looks at due diligence on various Internal policies of your startup. This is wide area covering almost all policies and practices that have been implemented across the startup, e.g. financial control & tracking, HR policies & employee benefits, terms of service, Privacy policies & systems etc. This gives you an insight on what the scope of due diligence shall be, what documents are needed and how you can accelerate the process by ensuring readiness of the key documents.

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