Anjali is a strong believer in solving large and complex problems. She is passionate about the future of Indian businesses. Her strong belief is that the value-driven and tangibility-oriented Indian consumer will give birth to uniquely Indian business models. Anjali...
Arpit believes entrepreneurship drives progress in society, and that India is at an inflection point where start-ups will use differentiated technology to create large, world-class companies. At Stellaris, he looks forward to helping and learning from entrepreneurs...
Mayank looks at venture capital as an avenue to make an indirect economic and social impact, doing so by backing audacious and fearless founders who’ve no respect for status-quo and aspire to change the world; and act as a catalyst in their journeys. Mayank focuses on...
Naman focuses on Commerce, Brands, Consumer Tech, Agritech, and Recruitment investments. Prior to joining Stellaris, Naman co-founded Helico Foodlabs, a consumer brand and DoorMint in the consumer internet space that was recognized by Forbes and Google raising funds...
Rahul believes that Indian consumers and businesses deserve much better than what they currently receive in the market, and that’s one of the primary reasons he’s on the lookout for entrepreneurs who can genuinely impact their customer’s lives. Rahul focuses on...
The Company and the Founders shall complete an initial public offering or a ‘strategic sale’ within 5 years from the Closing Date (“Exit Date”) on terms that are acceptable to the Investor. The failure of Company and Founders to provide an exit by the Exit Date shall not relieve the Company / Founders of their obligations to provide an exit to the Investor, which shall continue until the Investor ceases to hold any shares. In case of failure to provide exit, the Investor shall inter-alia have a drag along right on all other shareholders of the Company.
Liquidation Preference
Higher of 1x or pro rata entitlement on an as-if converted basis in any liquidity event. Liquidity event shall be defined in the definitive documents and will inter alia include change in control or sale of substantially all of the assets of the Company.
Pre-Emptive Rights
The Investor shall, in any subsequent offering of securities by the Company, have a right to maintain their shareholding in the Company. [Note to Draft: Any super pro rata rights will be over and above this and should be included here]
Valuation
The valuation section concerns what an investor believes the company is worth. valuation issues addressed in the term sheet will include: pre-money valuation, post-money valuation, capitalization table and price per share.