DCF Valuation for Startups: Step-by-Step Guide with Example
Fewer than 1 in 5 Indian startups have cash flows predictable enough to make a textbook DCF model meaningful. Yet DCF is the method most often used when a founder prices shares for a foreign investor under FEMA, or justifies an issue price under the Companies Act. Get the mechanics wrong, and it isn’t just […]
DCF Valuation for Startups: Step-by-Step Guide with Example
Most founders hear “DCF” in an investor meeting and nod politely — then spend the next week trying to figure out what it actually means. Discounted Cash Flow (DCF) valuation is one of the most rigorous and widely referenced approaches in the Indian startup valuation toolkit, yet it is routinely misapplied, misunderstood, or skipped entirely […]
10 Things Founders Must Know Before Their Series A Valuation
Nearly 70% of Indian startups entering Series A negotiations are surprised by how investors calculate company worth — and many end up giving away far more equity than necessary. If your startup is approaching its first institutional round, your startup valuation Series A India is not just a milestone number — it is the foundation […]
Benchmarking Startup Valuations: India vs US vs UK

Introduction Benchmarking Startup Valuations: India vs. US vs. UK In the global venture capital ecosystem, a startup’s worth is often determined by more than just its revenue or product-market fit. Geography plays a disproportionate role in determining “the price of equity.” A SaaS company with $1M ARR might command a significantly higher valuation in Silicon […]
Valuing- Loss Making Startups
Valuing a startup that is bleeding cash can feel less like science and more like creative writing. However, in the world of venture capital and private equity, “loss-making” does not equate to “value-less.” It simply means the valuation must be built on a disciplined, scenario-based framework rather than historical earnings. To build a defensible valuation […]
Webinar- Understanding of Start-up Valuation
Check out our recent webinar conducted on the Understanding of Start-up Valuation ! Importance of Valuation:- As We are aware of the importance of start-ups for New, Digital India and now they have become the part of our daily needs. They have just make everything available at our fingertips either it is about ordering food […]
“Provisions for Angel Tax” for startups under Income Tax Act
Update (September 2026): Angel tax no longer applies. Section 56(2)(viib) was omitted by the Finance (No. 2) Act, 2024 with effect from AY 2025-26, and from 1 April 2026 Rule 11UA was replaced by Rule 57 of the Income-tax Rules, 2026. This article is kept for historical reference. For the current rules on valuing shares, […]
Venture Capital Method of Startup Valuation
Prateek Mittal For a start-up looking to raise seed capital, there is always a question of how much to value your business and how much stake to dilute. In this article, we will try to analyze the various means of Startup Valuation. When we talk about valuation of a company, the first things that come […]
Startup Valuation Method – The Scorecard Valuation Method
Prateek Mittal In continuation of our previous article on startup valuation, here is another method which is commonly used by angel investors to value pre-revenue startups. The method is known as the Scorecard Valuation method and the key elements of the method are as follows: An average pre-money pre revenue valuation of other start-ups in […]
Startup Valuation – The Risk Factor Summation Method
Prateek Mittal Welcome back people to our series of articles on Startup Valuation. So far we have discussed a couple of methods for valuation of pre-revenue start-ups. The first was the Venture Capital Method and the second one was the Scorecard Valuation Method. Here we discuss the third method for valuation of start-ups, the Risk […]