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    Investment Banking

    Every capital event is a transaction, and what the other side is shown decides the price.

    Equity is the dearest money a company takes, so spend it on the risks that nothing else will fund. (read where we wrote it)

    Our investment banking team runs raises and transactions for startups and owner-run businesses: venture and private equity, loans, readiness for a listing, and the sale of a company. SRF has served more than 300 clients since 2016.

    Which raise or transaction do you need help with?

    Each one has its own page. Point at a name for a two-line explanation.

    Which transaction is in front of you?

    Each service has its own page. A raise needs readiness, a model and the right investors. A loan needs a business that can carry it. A listing needs years of clean records, and a sale needs a buyer who can check every number.

    1. Venture Capital & Private EquityInvestment readiness, fundraising strategy, diligence preparation and transaction support for founders raising institutional equity.

      • Investment Readiness
        • Investment readiness assessment
        • Business model validation
        • Financial modelling and forecasts
        • Valuation support
        • Investor documentation
        • Data room preparation
      • Fundraising Strategy
        • Capital planning
        • Fundraising roadmap
        • Investor targeting
        • Round structuring
        • Capital mix advisory
        • Timeline planning
      • Due Diligence & Transaction Support
        • Financial due diligence readiness
        • Commercial documentation
        • Governance review
        • Risk identification
        • Information request management
        • Transaction coordination
      • Investor Engagement
        • Investor outreach strategy
        • Pitch refinement
        • Management preparation
        • Meeting support
        • Negotiation assistance
        • Closing coordination
      Go to Venture Capital & Private Equity

    2. Data Room PreparationA data room that answers the question before it is asked, assembled before the process starts rather than during it.

      • A numbered folder index
        • 01 Corporate
        • 02 Share capital
        • 03 Shareholder arrangements
        • 04 Financial
        • 05 Tax
        • 06 Contracts
        • 07 Intellectual property
        • 08 People
        • 09 Regulatory
      • Only final, executed versions
        • One version of each agreement in the room: the signed one
        • Unsigned drafts and superseded variants kept out
        • Every file dated, described and marked executed
        • Nothing called final_v7_signed(2).pdf
      • A disclosure list
        • Known issues written down before the room opens
        • A disclosed issue gets priced or ignored
        • The same issue found by the other side's counsel changes how everything else you said is treated
      Go to Data Room Preparation

    3. Debt & Blended FinanceWorking capital, venture debt and blended structures for businesses that should not be raising equity.

      • Debt Advisory
        • Working capital financing
        • Growth capital
        • Term loans
        • Structured debt
        • Venture debt
        • Project financing
      • Blended Finance
        • Equity and debt structuring
        • Grant-linked financing
        • Development finance
        • Catalytic capital
        • Impact financing
        • Co-financing structures
      • Financial Readiness
        • Cash flow planning
        • Financial projections
        • Credit readiness
        • Financial restructuring
        • Debt servicing analysis
        • Risk assessment
      • Transaction Support
        • Documentation support
        • Lender coordination
        • Due diligence preparation
        • Negotiation support
        • Financial information management
        • Closing assistance
      Go to Debt & Blended Finance

    4. IPO Planning & ReadinessThe governance, financial reporting and internal controls a business needs in place well before a listing process begins.

      • IPO Readiness Assessment
        • Readiness evaluation
        • Gap analysis
        • Governance review
        • Financial reporting assessment
        • Compliance review
        • Listing roadmap
      • Financial & Governance Preparation
        • Internal controls
        • Board governance
        • Risk management
        • MIS enhancement
        • Audit readiness
      • Capital Market Preparation
        • Equity story development
        • Financial planning
        • Investor communication
        • Management preparedness
        • Business planning
        • Performance metrics
      • Transaction Readiness
        • Due diligence support
        • Documentation readiness
        • Data room management
        • Advisor coordination
        • Timeline management
        • Execution support
      Go to IPO Planning & Readiness

    Read these before a raise or a sale

    Search all insights

    • Research Briefs

      2 Nov 2026, 9 min read

      How to plan your startup's funding beyond this round

      Investors ask how the company will be funded after this round, and many founders have no answer ready. Sriram Chidambaram on the capital strategy and funding roadmap that give them one.

    • Research Briefs

      2 Nov 2026, 9 min read

      What investors look for in a data room

      An investor data room should argue for the company, folder by folder. CA Mallavarjalla Mounika on SRF's ten-folder index, the monthly close that keeps it current, the Indian records investors test and access in two stages.

    • Research Briefs

      20 Sept 2026, 7 min read

      From term sheet to money in the bank

      Getting a term sheet feels like the finish line. It is the point where the real work starts, and the gap between signing and seeing the money is usually six to ten weeks.

    • Research Briefs

      23 Sept 2026, 9 min read

      When Revenue Multiples Apply, and When They Don't

      A revenue multiple is an earnings multiple in disguise. What actually decides whether one applies, at what scale it starts to mean anything, and which revenue line it attaches to.

    • Research Briefs

      20 Sept 2026, 9 min read

      Diligence readiness: what we check, and what we find

      The business is usually fine and the numbers mostly hold up. What delays a deal is the record of the company: the documents, the filings, the registers, the contracts.

    Which practice works beside investment banking?

    Know what we do ourselves, and who signs the rest

    A public issue needs a SEBI-registered merchant banker as its lead manager. Our listing work is the readiness before one is appointed: the governance, the reporting and the controls a merchant banker will test.

    Where a law requires a registered valuer's report, a professional we work with signs it, on the numbers we prepared. Everything else on this page, from the first model to the closing, our team does itself.

    A sale of the whole company is its own practice. Mergers & Acquisitions prepares a company for a buyer, values it, and runs the process to closing.

    A funding round is one step in a plan that runs to profitability, a sale or a listing, and investors also judge it by the steps that follow. (read where we wrote it)

    See the M&A practice