Answer 8 questions to find out whether your legal structure, cap table and documentation can survive investor due diligence — free, no registration required.
5
Minutes
8
Questions
Free
Always
Question 1 of 8 — Cap Table
How is your cap table maintained?
An untracked cap table is the first thing due diligence flags.
⚠️
Not formally tracked
No record of who owns what, and how much
📝
Tracked informally
Excel sheet, not legally reconciled with filings
📊
Cap table management tool
Tracked in a dedicated platform, updated regularly
⚖️
Lawyer-maintained & ROC-reconciled
Matches MCA filings exactly, audit-ready
⚠️ An untracked cap table is a due-diligence blocker — investors will pause a term sheet until ownership is reconciled with your MCA filings.
1 / 8
Question 2 of 8 — Founders Agreement
Do you have a founders agreement with vesting?
Investors check this before anything else — it governs what happens if a co-founder leaves.
🚨
No agreement
Equity split is verbal or assumed
📄
Basic agreement, no vesting
Equity is documented but not subject to vesting
✅
Full agreement with vesting & cliff
Standard 4-year vesting, 1-year cliff, IP assignment included
2 / 8
Question 3 of 8 — ESOP
Is your ESOP pool documented and board-approved?
An undocumented ESOP pool creates dilution disputes during a raise.
⚠️
No ESOP pool
Not yet created
📝
Informal allocations
Promised verbally, not board-approved or documented
✅
Board-approved ESOP scheme
Formal scheme with grant letters and vesting schedule
3 / 8
Question 4 of 8 — IP Assignment
Is all IP assigned to the company — not individual founders?
Investors will not fund a company that doesn't legally own its own product.
❓
Not sure / never addressed
No IP assignment clause exists anywhere
📑
Partially assigned
Some contractors/employees covered, gaps remain
✅
Fully assigned to the company
Founders, employees and contractors all covered
⚠️ If IP isn't legally assigned to the company, investors are funding an asset the company doesn't actually own.
4 / 8
Question 5 of 8 — Statutory Compliance
Are your GST, MCA and ROC filings current?
Pending statutory filings are a standard due-diligence red flag.
🚨
Some filings overdue
Behind on GST returns or ROC annual filings
📋
Filed, but tracked manually
Up to date, no formal deadline monitoring system
✅
Current with active monitoring
Compliance calendar tracked, nothing overdue
5 / 8
Question 6 of 8 — Financial Records
How are your financial records maintained?
Investors run financial due diligence alongside legal due diligence — both need to hold up.
⚠️
No formal bookkeeping
Records are incomplete or informal
🧾
Basic bookkeeping
Maintained, not audited or CA-reviewed
✅
CA-reviewed / audited
Professionally maintained and periodically reviewed
6 / 8
Question 7 of 8 — Material Contracts
Are your key customer and vendor relationships in writing?
Verbal agreements with material customers or vendors can't be diligenced.
🗣️
Mostly verbal / informal
Few or no written agreements
📄
Some written, some informal
Major relationships covered, gaps remain
✅
All material relationships in writing
Signed contracts for all key customers and vendors
7 / 8
Question 8 of 8 — Your Details
Where should we send your readiness report?
Your results, scores and priority action areas — sent directly to you.
Calculating your readiness…
0%
Overall Readiness
0%
Compliance
0%
Legal Protection
0%
Investment Readiness
Close these gaps before your next raise
A Vilot advisor can walk through your specific gaps and build a closing plan in one call.