Eight steps. Around four minutes. You see the math at every signal — what gets weighted, why, and what it adds to the score. Built for NRIs writing first cheques into Indian startups.
◆ Walkthrough
Step 1 of 9
Step 1 · The basics
Tell me about the company.
Stage and sector drive every weighting that comes after. A Seed-stage SaaS deal isn't scored the same as a Series B Consumer brand. We anchor here first.
DPIIT = government startup certification. Required for tax benefits.
A moment to read each step
Stage profile loaded
Step 2 · Capital position
How much runway does this company have?
The single most predictive number for an early-stage company. Companies with 18+ months of cash live to negotiate. Companies with under 6 months are already on someone else's clock.
After this raise, what's in the bank?
Total monthly spend, before revenue offset.
Net burn = burn − revenue. That's what eats the cash.
Across all rounds. Used for capital efficiency check.
Doing the math, not handwaving
Runway scored
Step 3 · Unit economics
Does each customer pay back the cost of acquiring them?
LTV/CAC under 1.5× means the company loses money on every customer they buy. Above 3× means the engine works. Pre-revenue companies skip this — but if the deck shows numbers, we score them.
How long until each customer's gross profit equals their CAC?
Sector benchmarks vary — SaaS wants 70+, D2C 30+.
Sector benchmarks load next
Unit economics + sector compare
Step 4 · Growth
How fast is the line going up?
MoM growth tells you whether the team has found something pulling demand. 20%+ MoM is exceptional. 10–20% is decent. Anything flat at Seed-stage needs a story.
Average across last 3–6 months. Volatile? Use median.
Growth scored
Step 5 · Cap table + investors
Who else is in this round?
Founder equity below 30% at Seed is a red flag — somebody got diluted early, and that needs explaining. A reputable lead and 3+ co-investors is a syndicate-quality signal.
We check against a list of recognised India + global leads (Sequoia, Peak XV, Accel, Blume, IAN, LetsVenture, Y Combinator, etc.).
Cap table + lead scored
Step 6 · Valuation + round trajectory
Is the price reasonable for the stage?
Revenue multiples are stage-dependent. We check yours against sector comparables. We also flag down-rounds, flat rounds inside 6 months, and valuations way above sector norms.
Used to flag down-rounds and short re-raise gaps.
Valuation + round scored
Step 7 · NRI essentials
Can you actually invest here as an NRI?
FEMA route, investment vehicle, source of funds. These three answers decide whether this deal is even legal for you, and how repatriable your exit will be.
NRI regulatory scored
Step 8 · Due diligence checks
What have you actually verified yourself?
Tick what's done. The model rewards thoroughness — half-finished DD scores like half-finished DD. Each item links to a real verification step you should be able to do before committing.
Last step. We tally everything.
DD discipline scored
Step 9 · The verdict
Here's how it scored.
Score is a function of the data you entered. A high score means the numbers are clean, not that this is the right deal for your portfolio. Always pair with reference calls.
Score breakdown — every signal we checked
◆ Want a hand-scored version?
Get this scorecard written up by a human, not a calculator.
I'll review the company personally — pulling MCA filings, comparable round data, sector context, and any India-specific red flags the auto-score can't catch. Five-day turnaround. PDF deliverable. $500 per scorecard.
Not investment advice. Scores financial health and DD completeness on the data you entered. Always consult a SEBI-registered RIA for personal advice. NRI Money Matters is editorial — we do not place trades.