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    Raising investment through SAFE

    Posted By : damini / Published on : 11-Apr-2020 01:09 PM / View : 425 / Comment : 0

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    Dear Members,

    1 - Can anyone clarify if raising investment in a DPIIT recognized startup through SAFE Notes format is legal?

    2 - Is there a minimum amount per investor mandated? (for e.g in convertible notes it is 25 lacs)

    3 - What is the procedure and compliance to be followed?
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