Indian Defense-Tech Startups & their Investment Term Sheet
The Entrepreneur is hereby advised and put to caution that the “Investment Term Sheet” is a legal contract and the parties to the same are legally bound by its terms and conditions and thus before executing the contract and taking the investment the Entrepreneur should thoroughly review the terms and conditions attached therewith. The need for funds should not become a pitfall for the #Startup. Furthermore, the Entrepreneur should also try to get his/her startup registered with the “Startup India” initiative of the Government of India while efforts should be made by the Entrepreneur to approach the Defense Research & Development Organisation (DRDO) which has launched the Technology Development Fund under the Make in India initiative and obtain funding for the development of the technologies. Indian Defense-Tech Startups & their Investment Term Sheet - (mylawyersadvice.com)