Ranjani is the driving force behind Stellaris’ marketing endeavors. A creative thinker with a keen eye for detail, Ranjani comes with a wealth of experience in crafting compelling narratives and designing visuals. Beyond her marketing expertise, she is a trained...
Pradeep is an integral member of the finance team at Stellaris, where he spearheads financial operations, investor reporting, fund administration, and compliance initiatives. With over a decade of expertise in operational finance, consulting, and accounting, Pradeep...
Akshita is a part of the Finance team at Stellaris where her responsibilities span across finance, fund administration, compliance, and investor reporting. With a keen eye for detail and a wealth of experience, she ensures seamless execution of financial processes....
Roopa is an executive assistant to the partners and holds the position of Office Administrator at Stellaris. She possesses over 8 years of experience in different roles across the HR & Administration domains. Prior to Stellaris, she worked with Urban Ladder as the...
Ajith brings in over a decade of experience in Executive Search and Leadership Hiring. His experience stems from his work at both blue blooded and boutique search firms. He has partnered with clients for their Leadership hiring needs in India and Abroad. He has worked...
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.
