This structure is far from straightforward, and it may not be the most tax-efficient option. Many startups are looking for government support and tax concessions to make this transition smoother.

Shipsy, a logistics software as a service provider, has completed the acquisition of Stockone, a cloud-based warehouse management system and inventory management solution provider, as part of its strategy to expand its product offerings.

ValuAble's inaugural fund-raising effort seeks to secure approximately Rs 850 crore, which is a little over $100 million, to invest in technology-driven and inclusive startups in India and across the globe. The fund will adhere to ESG (Environmental, Social, and Governance) principles and support startups in the pre-Series A and Series A funding stages.

Investors based in Bengaluru who were associated with the car service platform Go Mechanics have officially filed a First Information Report (FIR) with the Economic Offences Wing (EoW) of the Delhi police. They claim that the accused manipulated and falsified the company's financial records and accounts, which were presented to the investors in an attempt to deceitfully and fraudulently induce them into investing in the company during the 2017-2021 period.