1. Create a Profile
Create a profile on Growth91 portal by signing up "Investor Signup Link" in less than a minute.
Create a profile on Growth91 portal by signing up "Investor Signup Link" in less than a minute.
Acknowledge the Investment Risks and review the platform’s terms and conditions.
Before investment, you need to complete the e-KYC process, Sign the Consent Agreement & verify the bank details. For specific deals, you will select the amount, payment method & agree to deal-specific Terms and Conditions.
Understand the deal details, risk involved and thorough review of legal documents presented by startup.
Startups will sign and share the certificates. You can monitor the progress of your investment
Once the campaign is closed, startup will e-sign the G-Safe agreement. You need to countersign the G-Safe agreement. You will need Aadhar Number and registered mobile number to sign the document.
Convenience Fee of 2% on the investment amount at the time of investment and 2% on the sale proceeds at the time of exit is applicable. For any specific investment, if fee is different, it will be mentioned at the time of commitment (GST if any, shall be added at applicable rates).
Once you make an Investment, funds will be held in an Escrow account with our Banking Partners managed by SEBI registered trustees. Once the startup completes the compliance requirements, fund is transferred from Escrow bank account to Startup bank account.
You may cancel or change your investment within 72 hours of investing by writing to us at [email protected]. Cancelling your investment is not permitted in the final 48 hours of a deal.
You can see when the minimal funding amount has been crossed on the deal page. In this case, the startup may choose to:
The decision lies completely with the company and its stakeholders and the decision will be communicated to you over email.
Yes, every company reserves the right to reject, in whole or in part, any investment commitment at any time before the proceeds are drawn from the virtual account. Any rejected investments will be returned to the investor in full along with the processing fee.
Once you have made an investment, the Growth91’s Analytics feature is enabled for you. You can track the quarterly investment status from the dashboard.
By accessing/using the Growth91 platform through the website [https://www.Growth91.com] (“Website”), you bear the fitness to undertake the risks in investments through the Website including but not limited to the following:
Investments in Startups/early-stage ventures (“Companies”) bear an inherent risk of not assuring full-fledged profits or returns from the investments, since these companies may not have a business model or established concept which can be used as a reference for 100% success. It is for this reason that it is generally recommended to create a diversified portfolio of investments, which will have the potential to deliver gains and absorb capital losses in the aggregate.
Liquidity refers to equity shares that can be sold with ease. However, equity investments in the Companies are highly illiquid as the shares of such Companies are unlisted/private and cannot be sold easily on an exchange or similar secondary trading platform.
The Companies may most likely be unable to pay any dividend throughout the life cycle of an investment. Therefore, in order for you to earn a return out of any of your investments, you will have to go through a further sale or such other similar process for which a time frame cannot be ascertained.
The Companies may raise additional capital in the future and therefore, your shareholding may be diluted, as a result of such issue of new shares.
The Company’s forward-looking statements, containing opinions and beliefs, are based on a number of estimates and assumptions that are subject to significant business, economic, regulatory, and competitive uncertainties. Though these statements can be used for understanding the objectives and goals of the Companies, such statements should not be considered as undertakings from the Companies and should be considered as merely being speculative and having subjective nature.
You may be liable to pay taxes on any dividends or gains you receive from your investments in the Company and payment of such taxes is entirely your responsibility. Therefore, you should consult your tax advisor for more information on these matters.
For the avoidance of doubt, in light of your acknowledgment of the above risk factors, you agree and acknowledge that you shall hold Growth91 harmless and shall not raise any claim in respect of any of the above.
The companies that raise on Growth91 set the terms for their agreement with investors.
Growth91’s simple agreement for future equity.
A G-SAFE is an investment contract between investors and startups looking to raise capital. Individuals make investments for the chance to earn a return—in the form of equity in the company or a cash payout.
The G-SAFE, created by us, is an adapted version of the SAFE, a financial instrument widely used by angels & VCs investing in startups across the globe. It is designed specifically to work for investment campaigns accepting hundreds or even thousands of investors, and it's used by several industry stalwarts in various forms.
Investors using the G-SAFE get a financial stake in the company but are not immediately holders of equity. It takes the legal form of Compulsorily Convertible Debentures (‘CCDs’) at the time of issue. These CCDs are converted into equity on the happening of ‘activation events’ like acquisition or IPO.
Risk Note: Activation events are not guaranteed. Investors should see them only as possibilities.
Your return depends on your investment amount, the company’s exit valuation (How much the company is worth at that time), and the terms of the G-SAFE. Investors invest money at an extremely early stage and hence their stake is affected by future events only.
Risk Note: If an activation event does not happen, you may never get a return on your investment.
Overview
This agreement issues compulsorily convertible debentures which convert into securities issued in future financing, i.e. equity shares or compulsorily convertible preference shares, on trigger events such as 100% secondary sale of CCDs, buyback or IPO.
Instrument - Compulsorily Convertible Debentures (CCDs).
Conversion Events - 100% secondary sale, Buyback, Acquisition, IPO.
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