Terms

Terms-Before submitting for investments, Investee Company should understand the below:
1. We clearly prefer businesses which have a market tested product with revenue to show.
2. An excellent idea isn’t all that is needed to secure funding. Fund-raising is a multi-phase effort and less than 10% get funded.
3. The investments can be in a one time or divided in tranches which are linked with the forecasts and performance of the business. All investments are not equity. Loans, convertible instruments, etc are also instruments that can be used to invest.
4. Not all investments will include handholding. There are certain businesses that we support through mentoring, consulting, etc.
5. Projections/Forecasts are a predictions, which can be incorrect due to many reasons. Thus, we can give only limited weightage to them.
6. If the Investee Company or any team member has any relationship with EGV including its employee or sister companies, then these must be disclosed in advance.
7. The Investee Company shall accord equal treatment to all employees/suppliers/stakeholders regardless of race, gender, ethnicity, religion, age, caste, or sexual orientation.
8. The Investee has to agree to provide EGV with reasonable access to information necessary to monitor and evaluate the Company’s compliances.
9. The Investee Company shall operate in compliance with all health, social and environmental risks.
10. The Investee Company shall comply and adhere to employment practices such as prohibition of child labour, payment of fair wages, providing appropriate insurance coverage, other statutory compliances.