Free Term Sheet Generator for Startup Investment (India)
Create a clean first draft of a term sheet in minutes. Fill in the parties, valuation, instrument, investor rights and process terms; the generator writes a numbered, non-binding term sheet using terms common in Indian venture deals.
โ ๏ธ Draft for discussion only. Have a lawyer prepare the final documents.
What the Term Sheet Generator does
- โ Seed to Series B rounds
- โ CCPS, equity or CCD instruments
- โ Liquidation preference and anti-dilution options
- โ Board, information and pro-rata rights
- โ Copy, download or print
How to use the Term Sheet Generator
- STEP 1Fill the formEvery field starts with an example. Replace it with your details.
- STEP 2Check the live draftThe document updates as you type, with numbers like ownership and runway calculated for you.
- STEP 3Edit and finaliseCopy it into Google Docs or Word for final edits and formatting.
- STEP 4ShareDownload, print to PDF, email or send on WhatsApp.
What goes into an Indian startup term sheet
Indian VC rounds usually use Compulsorily Convertible Preference Shares (CCPS) because they give investors preference on liquidation while counting as equity under FEMA. The term sheet lists the economic terms (valuation, ESOP pool, liquidation preference, anti-dilution) and the control terms (board composition, reserved matters, information rights, transfer restrictions).
Only a few clauses are binding: exclusivity, confidentiality, costs and governing law. Everything else is a statement of intent that is turned into the Share Subscription Agreement (SSA), Shareholdersโ Agreement (SHA) and amended Articles.
Frequently asked questions
Is a term sheet legally binding?
Mostly not. Exclusivity, confidentiality, costs and governing law are usually binding; the investment terms become binding only in the definitive agreements.
What is a standard liquidation preference?
1x non-participating is the market norm in Indian VC: investors get their money back or their share of proceeds, whichever is higher.
How long does it take to close after a term sheet?
Typically 4โ8 weeks for due diligence and documentation, plus regulatory filings (FC-GPR for foreign investment, PAS-3 for allotment).
Is this tool free? Do I need to sign up?
Yes. It is completely free, needs no login and has no usage limit. FastFee builds payment collection software; these startup and investor tools are free resources for founders, angels and fund managers.
Is my data private?
Yes. Everything you type stays in your own browser on this device (local storage). Nothing is uploaded to FastFee. Export or print a copy if you need to keep it.
Use it together with
Extend your runway by getting paid faster
- Automatic WhatsApp and SMS payment reminders before and after due dates
- UPI, payment links and AutoPay with live paid status and auto receipts
- Built for subscription, fee and installment businesses across India