TaxSavvy

TaxSavvy for fundraise

Raising money? Be ready before the first investor call.

We build financials, projections, valuation and a data room investors trust.

Get it done on WhatsAppRead the funding checklist

What you send

Any one of these gets us started. Photos are fine.

  • Last year's accounts
  • Bank statement
  • Contracts

Send them on WhatsApp or upload after you start. Documents are encrypted and seen only by your CA.

How we get it done

Four steps, the same for every job. You see each one ticked.

  1. Information

    Audited financial statements, last 2 years. Monthly management accounts, latest months

  2. Discussion

    Which round, how much, from whom (angels, VC, AIF, foreign)?. How many months of books are clean and closed?

  3. Forms

    Financial statements: close and reconcile books; prepare audited statements for completed years and monthly management accounts for the current year (3 months for very new startups, up to 2 years for seed and Series A). Projection model: 3 to 5 year monthly or quarterly P&L, cash flow and balance sheet with hiring plan, capex, opex and funding need

  4. Deliverables

    Investor-ready financial statements and MIS. Projection model with assumptions sheet

See what you get, free

Real formats, made with dummy data.

Questions, answered the CA way

Facts, Provisions and law, Analysis, Conclusion.

  • MOA and AOA: clauses that matter at fundraise time
    Facts
    MOA (Memorandum of Association) sets the company's objects, what you're legally authorised to do. AOA (Articles of Association) sets internal governance, how decisions are made, how shares are transferred, what rights investors get.
    Provisions and law
    Companies Act 2013, Sec 4, 5, 13, 14
    Analysis
    Critical MOA clauses: Objects clause must be broad enough to cover your pivot. "Technology services and related activities" covers more than "mobile application development." Investors will ask to see your MOA during DD. Critical AOA clauses: Pre-emption rights (ROFR on share transfer), drag-along rights, tag-along rights, quorum requirements, consent rights. Table F (Companies Act default AOA) is inadequate for a funded startup, you need a custom AOA.
    Conclusion
    • Authorised share capital sufficient for ESOP pool + investor shares
    • CCPS provisions, preference share rights, conversion mechanics
    • Drag-along clause, majority can drag minority into an exit
    • Tag-along clause, minority can join a majority sale on same terms
    Read the full answer
  • Company Housekeeping
    Facts
    Stage: Foundation, before any raise.
    Provisions and law
    Analysis
    Documents: Certificate of Incorporation; MOA + AOA (Memorandum and Articles); PAN + TAN of company; DPIIT Recognition Certificate; Udyam Registration (if MSME); GST registration certificate; Board resolution authorising fundraise; Register of shareholders (SH-2); Register of directors (DIR-12); All shareholder agreements (existing); All previous funding contracts.
    Conclusion
    • Certificate of Incorporation
    • MOA + AOA (Memorandum and Articles)
    • PAN + TAN of company
    • DPIIT Recognition Certificate
    Read the full answer
  • What investors check in financial DD: the exact list
    Facts
    Financial due diligence (FDD) is the investor's systematic review of your company's financials. Investors use a data room, you must have all these ready before the process starts. Missing documents delay the round by weeks. Surprises kill it.
    Provisions and law
    Companies Act 2013 | IT Act | GST Act | FEMA 1999
    Analysis
    Conclusion
    • Audited financials for all completed FYs (P&L, Balance Sheet, Cash Flow, Notes)
    • MIS/management accounts for current FY (month-by-month)
    • GST returns, all GSTR-1, GSTR-3B, GSTR-9 filed
    • TDS returns, all quarters, all forms (Form 138, 140, 144, old Form 24Q, 26Q, 27Q)
    Read the full answer
  • Shareholders' agreement (SHA): after the first external investor
    Facts
    The SHA is the master document governing relationships between all shareholders, founders, angels, VCs. It overrides the AOA in most cases (investors ensure this). Key clauses: anti-dilution (BWRA standard, protects investors on a down round), information rights (quarterly MIS, annual audited financials), board composition, reserved matters (decisions requiring investor consent), and exit rights
    Provisions and law
    Indian Contract Act 1872 | Companies Act 2013, Sec 88
    Analysis
    (drag-along, tag-along, ROFR, ROFO). Founders often sign SHAs without understanding reserved matters. A poorly negotiated reserved matters clause means the investor can block your ability to hire, fire, sign contracts above a threshold, or raise debt.
    Conclusion
    • Capex/opex approval threshold, push for ₹50L+ before consent required
    • Hiring above a salary, push for ₹30L CTC+ threshold, not ₹10L
    • Debt above a threshold, ensure working capital lines don't need approval
    • New business lines, keep broad enough for a pivot
    Read the full answer

Raising money? Be ready before the first investor call.

A Chartered Accountant handles it. Fixed price, told before you pay.

Get it done on WhatsApp
Fixed price2 to 4 weeksGet it done