Cap Table & Equity Management
Snapshot as of January 2025 — Post Series A
Post-money: ₹165 Cr
View SHA
Equity Distribution
Total: 10,000,000 shares issued
100%
10M shares
Arjun Mehta 28.5%
Priya Nair 22.0%
Rohan Desai 15.5%
Sequoia Surge 18.2%
Blume Ventures 9.8%
Angel Pool 3.5%
ESOP Pool 2.5%
Equity Summary
Founder Ownership (combined)
66.0%
Investor Ownership
31.5%
ESOP Pool
2.5%
Current Valuation (MTM)
₹220 Cr
Last Round Valuation (Series A)
₹165 Cr
Shareholder Register
7 shareholders
| Name | Type | Instrument | Shares | % | Current Value | Verification |
|---|---|---|---|---|---|---|
| Arjun Mehta | Founder | Equity | 2,850,000 | ₹48.2 Cr | ✓ Verified | |
| Priya Nair | Founder | Equity | 2,200,000 | ₹37.2 Cr | ✓ Verified | |
| Rohan Desai | Founder | Equity | 1,550,000 | ₹26.2 Cr | ✓ Verified | |
| Sequoia Surge | Investor | CCPS | 1,820,000 | ₹30.8 Cr | ✓ Verified | |
| Blume Ventures | Investor | CCPS | 980,000 | ₹16.6 Cr | ✓ Verified | |
| Angel Pool (3 investors) | Investor | CCD | 350,000 | ₹5.9 Cr | 📄 Doc-backed | |
| ESOP Pool | ESOP | Options | 250,000 | ₹4.2 Cr | ◑ Self-reported |
Funding Rounds
Angel Round
Mar 2021 · Lead: 3 Angel Investors
Closed
✓ Verified
Amount Raised
₹1.2 Cr
Investors
3 investors
Pre-money
₹5 Cr
Post-money
₹6.2 Cr
Pre-seed Round
Sep 2021 · Lead: Blume Ventures
Closed
✓ Verified
Amount Raised
₹3.5 Cr
Investors
1 investor
Pre-money
₹12 Cr
Post-money
₹15.5 Cr
Seed Round
Jun 2022 · Lead: Sequoia Surge
Closed
✓ Verified
Amount Raised
₹8.0 Cr
Investors
2 investors
Pre-money
₹28 Cr
Post-money
₹36 Cr
Series A
Jan 2024 · Lead: Sequoia Surge
Closed
✓ Verified
Amount Raised
₹45.0 Cr
Investors
1 investor
Pre-money
₹120 Cr
Post-money
₹165 Cr
ESOP Pool Management
2.5% of total equity
Pool Size250,000 options
Allocated180,000 (72%)
Exercised45,000 (18%)
Available (Unallocated)70,000 (28%)
Founder Dilution History
| Round | Arjun | Priya | Rohan |
|---|---|---|---|
| Pre-incorporation | 40.7% | 31.4% | 22.1% |
| Post Angel | 38.2% | 29.5% | 20.8% |
| Post Pre-seed | 35.6% | 27.5% | 19.4% |
| Post Seed | 32.4% | 25.0% | 17.6% |
| Post Series A | 28.5% | 22.0% | 15.5% |
Convertible Instruments
All converted
| Investor | Principal | Interest | Maturity | Status |
|---|---|---|---|---|
| Angel A | ₹40 L | 8% | Mar 2022 | Converted |
| Angel B | ₹40 L | 8% | Mar 2022 | Converted |
| Angel C | ₹40 L | 8% | Mar 2022 | Converted |
All CCDs from Angel Round converted to equity at Seed Round (Jun 2022)
Anti-dilution Provisions
| Investor | Provision Type | Trigger | Status |
|---|---|---|---|
| Sequoia Surge | Broad-based WA | Down round | Active |
| Blume Ventures | Broad-based WA | Down round | Active |
WA = Weighted Average. No ratchet provisions. No full-ratchet anti-dilution.