Shark Tank India brought investing in startups to the mainstream conversation in India. If you ever wondered how a platform can help in startup investing, look no further!! In our next episode in the WealthTech series we speak with Karan Mehra, CEO and founder of Tyke, a firm that is looking to disrupt private investing in India :
Do listen to this episode to understand how Tyke is aiming to be the Stripe for private investing in India
Terms & Acronyms
SAFE- A simple agreement for future equity (SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round of investment or liquidity event occurs. SAFEs are intended to provide a simpler mechanism for startups to seek initial funding than convertible notes.
CCDS - Compulsory Convertible Debentures
CCPS - Compulsory Convertible Preference Shares
Additional Information
